FTX settles $228M dispute with Bybit, customer payouts next?

FTX Trading Ltd. has reached a $228 million settlement with Bybit Fintech Ltd. to end the legal battle between both entities. This move will allow FTX to recover assets from Bybit’s exchange. As part of the deal, the defunct exchange will get back $175 million in digital assets plus sell $53 million in BIT tokens

Source: Cryptopolitan