FTX and Bybit reach a settlement

The bankruptcy estate administrator of FTX has reached a settlement agreement of $228 million with Bybit exchange. According to legal documents dated October 24th, this settlement stems from a lawsuit filed by the FTX estate administrator in 2023, aimed at recovering funds to repay past customers and creditors.

According to legal documents, the settlement agreement will allow FTX to extract $175 million in digital assets held on Bybit and sell approximately $53 million in BIT tokens to Mirana Corp, the investment arm of Bybit exchange. FTX's lawyer pointed out that although the claim has legal basis, continuing the litigation will be very cumbersome:

The plaintiff's claims regarding return, violation of automatic protection orders, fraud, and priority transfer are disputed and carry certain risks, and continuing the litigation will be time-consuming and expensive

The settlement agreement still requires court approval, and both parties are scheduled to hold a hearing on November 20, 2024 at 2 pm Eastern Time to confirm the agreement.

FTX bankruptcy estate administrator sues Bybit

FTX initially filed a $1 billion lawsuit against Bybit and Mirana in November 2023, accusing these entities of using "VIP" channels and close relationships with FTX executives to quickly extract approximately $327 million in digital assets and cash before FTX ultimately collapsed.

The lawyer for the bankruptcy estate administrator of FTX pointed out that Mirana and other personnel were granted priority withdrawal privileges by the FTX team during the early stages of FTX's collapse, and these withdrawal records were tracked in a database.

When will FTX repay?

FTX's repayment plan was approved earlier this month, designating at least $12.6 billion for distribution to creditors. The payment will begin within 60 days after the effective date, but the date is still to be determined.

(责任编辑：游戏)

• ·蚂蚁币价格行情-蚂蚁币价格行情走势
• ·火币拆分币
• ·虚拟货币交易行情
• ·10月31日东财数字经济C净值增长0.34%，今年来累计上涨56.24%
• ·股票基金名称
• ·比太钱包介绍
• ·比特币巨头 James Wynn 将 40 倍多头仓位推高至 10.7 亿美元
• ·10月31日中欧产业优选混合C净值下跌0.20%，近1个月累计下跌6.24%
• ·48位美国最富有的“打工皇帝”
• ·比特币美元交易软件-比特币美元交易软件哪个好
• ·纳斯达克拟允许iShares以太坊信托实物申购赎回
• ·Hawk Tuah Girl 通过加密货币赚了多少钱？
• ·年终奖并入综合所得怎么算
• ·10月31日华安添益一年持有混合A净值下跌0.07%，近1个月累计上涨0.41%
• ·股票早开-股票早开盘时间
• ·比特币创下历史新高：每日与周收盘价双创新纪录，市场是否将迎来新突破？