FTX administration is in search of to recoup greater than $240 million from insiders and executives who benefited from an acquisition in September that noticed FTX “massively inflate” its equity-clearing platform Embed.

cointelegraph reported yesterday On Might 17, a lawsuit was filed towards former FTX CEO Sam Bankman-Fried and different FTX insiders concerning the Embed acquisition, alleging that the acquisition was made with out enough due diligence. .

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