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：现货银)

• ·唯链国际价格-唯链国际价格怎么样
• ·【VIP机会日报】受政策面催化 光伏概念表现强势 栏目前瞻解读提及焦点公司收获涨停
• ·那些币怎么挖 那些币怎么挖出来的
• ·10月31日诺安汇利灵活配置混合C净值增长0.06%，近1个月累计下跌0.19%
• ·虚拟币行情监测
• ·海南高速收盘涨2.41%，主力资金净流出1.01亿元
• ·股票庄家建仓-股票庄家建仓到出货全过程
• ·10月31日汇添富产业升级混合A净值下跌0.80%，近1个月累计下跌2.96%
• ·MDX币价格今日行情
• ·中钨高新(000657.SZ)：目前公司数控刀片的毛利率水平保持在35%至37%之间
• ·虚拟货币平台有哪些？十大虚拟货币交易网
• ·江南高纤：股票交易异常波动，3个交易日收盘价格涨幅偏离值累计超20%
• ·稳定币引发争论：GENIUS 法案是“拥抱加密货币”还是“强加秩序”？
• ·10月31日工银精选平衡混合净值增长0.13%，今年来累计上涨9.68%
• ·比特币达到 10.3 万美元，但长期持有者仍然不相信——为什么？
• ·芝麻交易所平台永续合约v6.0.8快速下载安装（芝麻交易所交易所6月内部版下载）