FTX and Bybit exchange reach a settlement agreement of 228 million magnesium, and the day of claims is just around the corner?
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:基金专题)
下一篇:Bitcoin rebounds and surges to $58000! NYDIG: Short term gains difficult to sustain, fourth quarter is key
- ·借贷不平衡怎么办
- ·Coinbase将推出cbLTC扩展DeFi流动性
- ·长沙挖矿软件怎么用
- ·usdt交易平台排名 2025年十大usdt交易平台排名一览
- ·法国将为加密货币企业家提供高级别安全保障
- ·filUSD币价格今日行情
- ·公积金贷款选择哪个银行好呢?需要考虑哪些方面?
- ·5月19日可能成为XRP历史上的关键转折点
- ·eos币价格图
- ·会员制股票
- ·光大银行信用卡溢缴款是什么啊?
- ·对峙升级!哈佛大学又把特朗普政府告了
- ·Cardano 将于 5 月 27 日推出比特币 DeFi 集成,旨在促进 DeFi 增长
- ·sbtc发行价格-sbtc币发行价
- ·Web3 游戏如何提高品质?AAA工作室注重的5项关键点或是答案
- ·Gate.io举办2024 Lead Asia慈善派对,SHIB联合创始人首次亮相韩国助推公益
- · okx交易所app官网
- · OK交易所官网入口登录
- · 数字货币交易所
- · 欧易交易所 电脑
- · okcoin下载官方app
- · okb交易所官网
- · 欧易正规
- · okx交易所app官网链接
- · okcoin交易平台
- · 欧易app官方下载入口