FTX Sues Bybit Over $953M in ‘Misappropriated’ Funds Transferred Forward of Chapter Submitting

by Jeremy

Friday’s authorized grievance filed in Delaware targets Bybit Fintech Ltd., its funding arm Mirana and a number of other people, together with Mirana govt Sean Tan. It alleges the funding unit “obtained gross transfers from FTX.com of digital belongings at the moment valued at roughly $838 million,” of which about $500 million have been transferred within the days earlier than FTX halted withdrawals on Nov. 8, 2022.

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