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FTX to receive $53M BIT tokens following $228M settlement with Bybit
- FTX bankruptcy estate Agrees to drop lawsuit against Bybit, after reaching a $228M deal.
- The deal includes $53M in BIT tokens amid ongoing bankruptcy proceedings.
- A hearing to finalize the settlement is scheduled for November 20, 2024.
October 28, 2024
FTX will not relaunch exchange, bankruptcy lawyer says
January 31, 2024
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