Jonathan Randles / Bloomberg:
FTX sues crypto exchange Bybit and two affiliates to recover ~$953M in cash and digital assets that was withdrawn using “VIP” status before FTX filed Chapter 11 — – FTX claims Bybit affiliate used “VIP” status to withdraw funds — Bybit’s Mirana withdrew $327 million just before FTX pause
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The post FTX sues crypto exchange Bybit and two affiliates to recover ~$953M in cash and digital assets that was withdrawn using “VIP” status before FTX filed Chapter 11 (Jonathan Randles/Bloomberg) appeared first on WorldNewsEra.