AMB Crypto
2023-03-23 11:30:41

FTX to claw back $460 million from SBF-backed hedge fund

FTX is looking to recover $460 million for its stakeholders. Alameda Research invested $400 million into Modulo Capital in 2022. On 22 March, the FTX estate filed a motion to enter into a settlement to recover $460 million in assets for stakeholders. The assets are a clawback from a Bahamas-based hedge fund Modulo Capital, which

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