CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
CoinGape 2023-11-11 05:00:11

FTX Sues ByBit to Recover Nearly $1 Billion Worth of Funds

Bankruptcy advisers at crypto exchange FTX have sued Bybit Fintech Ltd. in order to recover digital assets and cash worth a staggering $953 million. The advisers have alleged that ByBit withdrew all funds just before FTX filed for Chapter 11 bankruptcy last November. Lawsuit against ByBit The lawsuit, filed in a Delaware court on Friday, The post FTX Sues ByBit to Recover Nearly $1 Billion Worth of Funds appeared first on CoinGape .

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.