A new lawsuit filed by entities overseeing the FTX bankruptcy process seeks to recover $ 935 million that was reportedly transferred to Bybit’s investment arm and others just before the former’s Chapter 11 filing in November 2022. Bybit is also accused of using FTX assets held on its platform as leverage in its attempt …
Insiders reveal that FTX creditors are sifting through bids from various entities eager to breathe life into the dormant crypto exchange. The company’s investment banker highlighted that FTX interacts with “multiple parties every day.” FTX Creditors Sift Through Offers for Exchange’s Possible Reawakening Throughout the year, whispers of FTX’s potential revival have surfaced approximately four […]