CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
Cryptopolitan 2023-09-22 18:21:48

Bankrupt FTX exchange files lawsuit to recover $157.3 million from former Hong Kong affiliates

Bankrupt cryptocurrency exchange FTX has initiated legal action against former employees of Salameda, a Hong Kong-based entity once affiliated with FTX. As stated in a recent court filing, the lawsuit aims to recover approximately $157.3 million. The defendants, including Michael Burgess, Matthew Burgess, Lesley Burgess, Kevin Nguyen, and Darren Wong, allegedly exploited their connections to ... Read more

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.