FTX to receive $53M BIT tokens following $228M settlement with Bybit

In a significant development in the ongoing saga of the FTX bankruptcy proceedings, the FTX bankruptcy estate has reached a $228 million settlement with crypto exchange Bybit and its investment division, Mirana. The agreement, revealed in an October 24, 2024 court filing, marks a crucial step in FTX’s efforts to recover assets for its creditors

Source: Invezz