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FTX Token / Bitcoin forum

Oct 28

FTX drops its lawsuit against Bybit in a 228M settlement

The settlement will allow FTX’s liquidation estate to reclaim 175M in crypto held on Bybit accounts. FTX will also sell to Mirana Ventures (Bybit's investment arm) over 105M BIT tokens valued at ~$ 53 M

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Oct 9

Ryan Salame, former co-CEO of FTX Digital Markets, will begin serving a seven-and-a-half-year sentence at a U.S. federal correctional facility on October 11. Salame said he would treat his time in prison like summer camp. Salame will be the second FTX executive to face prison after SBF, who was sentenced to 25 years in March