The deal avoids a lengthy legal battle with Modulo and gets around the fact that SBF won’t be available due to ongoing criminal proceedings.
The post This firm got $475M from SBF last year, now FTX wants it back appeared first on Protos.
Amid SVB’s collapse, the defunct cryptocurrency exchange FTX is suing the venture capital company Modulo Capital, which got a significant investment from Alameda Research last year.
FTX, the defunct crypto exchange, had a $6.8b hole in its balance sheet when it declared bankruptcy last year
