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：新股)

• ·知名交易員 Ansem 不玩迷因改捧 Sonic（原 Fantom）？AC 與 Monad 團隊成員網上開嗆
• ·火比特币交易平台
• ·AAVE突破230美元关口 24小时涨幅达3.69%
• ·SUI币价格在3.75美元水平获得强劲支撑后飙升
• ·如何理性应对市场行情暴跌：投资者的策略与心理建设
• ·桂林二月份穿什么衣服
• ·区块链有什么币 区块链有什么币组成
• ·Arthur Hayes 新文：我的宏觀經濟預測正確率僅25%，但加密投資仍在盈利
• ·应收账款周转率下降说明了什么
• ·营业成本包括哪些科目
• ·比特币每日行情
• ·比特币改进提案BIP-177是什么，影响几何？
• ·空山什么候天气什么-空山乡天气预报十五天
• ·mo9信用钱包审核需要多久时间？有人知道吗？
• ·自己电脑做挖矿钱包
• ·比特币干什么用 比特币干什么用的