The filing alleges that FTX was already insolvent and the FTT tokens used in a share repurchase transaction were worthless, and therefore the transfer should be classed as fraudulent.
Source
Related posts
-
FTX Provides Details On $16 Billion Distribution Timeline For Customers And Creditors
The long-awaited resolution for nearly $16 billion in funds owed to users and customers of the... -
Bitcoin mirrors 2020 bull phase, CryptoQuant CEO says
CryptoQuant CEO Ki Young Ju says Bitcoin’s current rally appears to be supported by months of... -
CEO Brad Garlinghouse Outlines Vision For 2025
Este artículo también está disponible en español. In a recent interview with FOX Business, Brad Garlinghouse,...