Massive $190 Million Move! FTX and Alameda Seek Redemption For Shareholders

The post Massive $190 Million Move! FTX and Alameda Seek Redemption For Shareholders appeared first on Coinpedia Fintech News The FTX and Alameda debacle is in the fourth month after […]

The post Massive $190 Million Move! FTX and Alameda Seek Redemption For Shareholders appeared first on Coinpedia Fintech News
The FTX and Alameda debacle is in the fourth month after the entities filed for chapter 11 bankruptcy protection. FTX, under current CEO John J. Ray III, has tried to recover as many assets as possible to repay distressed creditors. Recently, FTX and Alameda sued asset manager Grayscale Investments in a bid to recover more …