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FTX's Recovery Attempt Continues: Ex-Staff of HK Affiliate Sued for $157M

Bankrupt crypto exchange FTX has sued the former employees of Salameda, a Hong Kong-incorporated entity affiliated with FTX, for the recovery of about $157.3 million, according to a Coindesk report. The Hong Kong firm was controlled by FTX Founder and former CEO Sam Bankman-Fried, who is now behind bars awaiting trial.FTX Sues Former HK Affiliate EmployeesThe lawsuit filed yesterday (Thursday) names Michael Burgess, Matthew Burgess, their mother Lesley Burgess, Kevin Nguyen, Darren Wong, and two...
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Posted: Sep 22 2023, 10:13
Author Name: financemagnates
Views: 091025