FTX reaches $228 million settlement with Bybit amid bankruptcy efforts

Liam ‘Akiba’ Wright

FTX has reached a $228 million settlement with crypto exchange Bybit and its affiliates, concluding a lawsuit filed in Nov. 2023 that sought to recover approximately $1 billion in assets. The agreement allows FTX to withdraw $175 million in digital assets held on Bybit’s platform and sell about $53 million in BIT tokens to Mirana […]

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Go here to Read this Fast! FTX reaches $228 million settlement with Bybit amid bankruptcy efforts

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FTX reaches $228 million settlement with Bybit amid bankruptcy efforts