⚡️ @FTX_Official has agreed to drop its lawsuit against @Bybit_Official in a $228M settlement

FTX exchange has agreed to drop its lawsuit against Bybit, its executives, and its investment arm Mirana. The settlement would allow the defunct cryptocurrency exchange to collect around $228M. The FTX bankruptcy estate sued Bybit last November, alleging that it used its “VIP” access to FTX to withdraw hundreds of millions in cash and digital assets on the eve of FTX collapse in 2022.

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