
This firm got $475M from SBF last year, now FTX wants it back
The deal avoids a lengthy legal battle with Modulo and gets around the fact that SBF won’t be available due to ongoing criminal proceedings.
Cryptocurrency news by Protos · Protos
Audio is streamed directly from the publisher (sphinx.acast.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Following “constructive negotiations,” Sam Bankman-Fried’s bankrupt FTX has inked a deal to pull back more than $460 million in assets from Modulo Capital, the Bahamas-based hedge fund that received $475 million from Alameda Research back in 2022.
You can find out more about what was said in the court filings by listening to the article.
For more informed news, follow us on Twitter, Instagram, and Google News or subscribe to our YouTube channel.
Hosted on Acast. See acast.com/privacy for more information.