FTX leadership sues Sam Bankman-Fried over $220M deal made prior to bankruptcy
When FTX tried to sell the platform after filing for bankruptcy, the top bid was for just $1 million, representing a 99.5% decline in value.
Post from: Cointelegraph.com News
Tags: Zixiao Wang, Nishad Singh, Embed, Stock-clearing platform, Sue, FTX.US, Michael Giles, Alameda, Alameda Research, misappropriated, FTX insiders, Due diligence