FTX bankruptcy estate files $1.8B lawsuit against Binance, CZ
The estate argued that Sam Bankman-Fried’s $1.75 billion repurchase deal with Binance in July 2021 was a fraudulent transfer because of FTX’s insolvency.
Auto Added by WPeMatico
The estate argued that Sam Bankman-Fried’s $1.75 billion repurchase deal with Binance in July 2021 was a fraudulent transfer because of FTX’s insolvency.
Over 121,000 Celsius creditors have yet to claim their funds, according to the Celsius bankruptcy administrator.
The objections raised by the US Trustee and the creditor group are likely to play a significant role in the court’s deliberations.
