FTX investors drop lawsuit against law firm Sullivan & Cromwell
Cryptopolitan2024/10/10 11:03
By:By Jai Hamid
Share link:In this post: FTX investors have decided to drop their lawsuit against Sullivan & Cromwell, who they originally blamed for being part of the exchange’s downfall. FTX’s bankruptcy plan is set to pay back 98% of its customers, starting with those who had $50,000 or less. It expects to recover up to $16.5 billion, more than 100% of customer funds lost in the collapse.
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