[1]Stolen Funds Render FTX Clawback Moot, Embed Parties Say

   By Vince Sullivan

   Parties associated with stock trading platform Embed Financial
   Technologies told a Delaware bankruptcy judge Thursday that defunct
   cryptocurrency exchange FTX Trading Ltd. can't claw back $240 million
   from a prepetition acquisition because the funds used to buy Embed were
   stolen from FTX customers.

   [icon-pdf.png]  Motion attached | [2]Read full article » | [3]Save to
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References

   1. https://www.law360.com/capitalmarkets/articles/1808280?nl_pk=abe82add-2a33-4388-8f7e-63d76e8f5534&utm_source=newsletter&utm_medium=email&utm_campaign=capitalmarkets&utm_content=2024-03-01&read_main=1&nlsidx=0&nlaidx=10
   2. https://www.law360.com/capitalmarkets/articles/1808280?nl_pk=abe82add-2a33-4388-8f7e-63d76e8f5534&utm_source=newsletter&utm_medium=email&utm_campaign=capitalmarkets&utm_content=2024-03-01&read_more=1&nlsidx=0&nlaidx=10
   3. https://www.law360.com/capitalmarkets/articles/1808280?nl_pk=abe82add-2a33-4388-8f7e-63d76e8f5534&utm_source=newsletter&utm_medium=email&utm_campaign=capitalmarkets&utm_content=2024-03-01&read_later=1&nlsidx=0&nlaidx=10