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News Explorer — FTX Will Recover $460M From Modulo Capital

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Mar 23, 4:18 pm

Protos

FTX Will Recover $460M From Modulo Capital

Following constructive negotiations, FTX has reached a deal to recover $460 million in assets from Modulo Capital. The agreement avoids a costly legal battle and the filings suggest that it is in the best interests of all parties, as FTX founder and former CEO Sam Bankman-Fried is unlikely to be available to testify in the near term.

Following constructive negotiations, FTX has reached a deal to recover $460 million in assets from Modulo Capital. The agreement avoids a costly legal battle and the filings suggest that it is in the best interests of all parties, as FTX founder and former CEO Sam Bankman-Fried is unlikely to be available to testify in the near term.

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