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FTX to sell European subsidiary for $33 million

Posted on 02/25/2024

FTX to sell European subsidiary for $33 million

FTX sought to claw back $323 million from founders of FTX Europe, a crypto platform the bankrupt exchange acquired in 2021. According to court documents, FTX argued the exchange had overpaid for the startup. The settlement means FTX Europe founders will now buy back their company for $32.7 million. FTX, the bankrupt crypto exchange that […]

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