FTX Secures $228M Settlement with Bybit in Bankruptcy Case
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The bankrupt crypto exchange FTX announced a $228 million settlement with Bybit on October 24th, ending a prolonged lawsuit that aimed to recover funds. A legal filing shows the settlement allows FTX to withdraw $175 million in digital assets from Bybit and sell approximately $53 million in BIT tokens to Bybit’s investment division, Mirana Corp. The post FTX Secures $228M Settlement with Bybit in Bankruptcy Case appeared first on Coin Edition .
Source: Coin Edition
