🚀 Crypto giant FTX continues its efforts to recover lost funds by filing a lawsuit against Bybit for $950 million worth of crypto and cash, nearly a year after its bankruptcy! 😲
🔍 According to Bloomberg, FTX has filed a lawsuit involving Bybit’s investment arm Mirana Corp., which had the opportunity to withdraw its assets before the exchange crashed last year.
📢 Bybit, which describes itself as “the most trusted crypto exchange,” has yet to officially respond to the lawsuit.
💼 FTX’s new executives and legal team are working on a multi-pronged effort to recover lost funds. This includes getting Stanford University to return previous donations and FTX suing former ambassadors like Naomi Osaka and Shaquille O’Neal.
🤔 So what do you think? Will FTX recover its lost funds? We’re waiting for your comments! 💬👇