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FTX Settles $700M Lawsuit With K5 Global to Maximize Creditor Recoveries TheNewsCrypto há 1 semana

FTX Settles $700M Lawsuit With K5 Global to Maximize Creditor Recoveries ⚖️

K5 Global FTX

FTX has settled a lawsuit with K5 Global, resolving a dispute over $700 million in contested investments. The now-bankrupt crypto exchange initiated the legal proceedings against K5 in June 2023 in an effort to reclaim funds before its collapse in November 2022.

This settlement allows FTX to retain its stake, marking a pivotal moment in the exchange's attempt to maximize creditor recoveries and navigate its way through financial turmoil.

Fonte: thenewscrypto.com ↗

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