FTX Reaches Over $225 Million Settlement With Bybit Amid Ongoing Bankruptcy Proceedings

Bankrupt cryptocurrency exchange FTX has reached a significant milestone in its bankruptcy proceedings by settling a year-long lawsuit against Bybit for over $225 million. This settlement represents a crucial step in FTX’s efforts to recover assets following its abrupt collapse in 2022. FTX and Bybit Resolve Legal Dispute for Over $225 Million In a court filing dated October 24,... source: https://beincrypto.com/ftx-secures-settlement-with-bybit/