FTX Settles $324M Ch. 11 Suit Over European Deal For $33M

[Gunnar Larson]

FTX Settles $324M Ch. 11 Suit Over European Deal For $33M
<https://www.law360.com/delaware/articles/1806436?nl_pk=8f2e5a76-bb66-462b-a05a-b234142584d6&utm_source=newsletter&utm_medium=email&utm_campaign=delaware&utm_content=2024-02-26&read_main=1&nlsidx=0&nlaidx=6>

By Alex Wittenberg

Bankrupt cryptocurrency exchange FTX Trading Ltd. has asked a Delaware
court to approve a plan to resolve a $323.5 million clawback action aimed
at the co-founders of its European unit by selling the subsidiary back to
the executives for $32.7 million.

 Settlement attached | Read full article »
<https://www.law360.com/delaware/articles/1806436?nl_pk=8f2e5a76-bb66-462b-a05a-b234142584d6&utm_source=newsletter&utm_medium=email&utm_campaign=delaware&utm_content=2024-02-26&read_more=1&nlsidx=0&nlaidx=6>
 | Save to favorites »
<https://www.law360.com/delaware/articles/1806436?nl_pk=8f2e5a76-bb66-462b-a05a-b234142584d6&utm_source=newsletter&utm_medium=email&utm_campaign=delaware&utm_content=2024-02-26&read_later=1&nlsidx=0&nlaidx=6>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: not available
Type: text/html
Size: 2289 bytes
Desc: not available
URL: <https://lists.cpunks.org/pipermail/cypherpunks/attachments/20240226/0abef6d6/attachment.txt>