FTX administration is searching for to recoup greater than $240 million from insiders and executives who benefited from an acquisition in September that noticed FTX “massively inflate” its equity-clearing platform Embed.
cointelegraph reported yesterday On Could 17, a lawsuit was filed towards former FTX CEO Sam Bankman-Fried and different FTX insiders relating to the Embed acquisition, alleging that the acquisition was made with out adequate due diligence. ing.
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