Thursday, March 23, 2023

FTX Crypto Exchange Reaches Deal to Recover Over $400 Million from Hedge Fund Modulo Capital

Bankrupt crypto exchange FTX has reached a deal to recover more than $400 million in cash from hedge fund Modulo Capital, pulling back 97 percent of the money that FTX companies sent to the hedge fund in 2022, according to court documents filed on Wednesday.

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