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：风向标)

• ·比特币行情今日价格多少-比特币行情今日价格多少美元
• ·10月31日嘉实阿尔法优选混合A净值下跌0.38%，近1个月累计下跌4.73%
• ·区块链为什么这么火
• ·10月31日广发创新医疗两年持有混合C净值下跌0.60%，今年来累计下跌8.25%
• ·以太币为什么跌
• ·10月31日前海联合泓鑫混合C净值下跌0.30%，近1个月累计下跌2.19%
• ·ApeCoin (APE)购买指南及交易所推荐
• ·10月31日汇添富稳进双盈一年持有混合净值下跌0.29%，近1个月累计下跌1.34%
• ·厦门公积金提取流程-厦门公积金提取流程详解
• ·10月31日嘉实农业产业股票C净值增长0.15%，近3个月累计下跌0.05%
• ·宜人贷远程审核是怎么回事，能详细的告诉我吗？
• ·meme币交易所app下载官方 meme币最新版下载官方app下载
• ·大米销售属于免税吗
• ·10月31日南方前瞻动力混合A净值下跌0.12%，近1个月累计上涨2.05%
• ·有人知道360借条和万达贷的区别吗？帮我区分一下吧。
• ·10月31日嘉实兴锐优选一年持有混合A净值下跌0.32%，近1个月累计下跌4.59%