Page 4 - Modulo Capital News Today

A new investigative report into the defunct FTX platform and its hedge fund, Alameda Research, sheds light on alleged fraudulent practices. The report, published by John J. Ray III and his FTX restructuring team, exposes a complex web of malfeasance allegedly carried out by FTX CEO and co-founder Sam Bankman-Fried. We return to this in Crypto Analysis, after this weeks essential news.

Alameda reportedly holds over $284 million worth of crypto assets.

In the court papers, the FTX Group branded Genesis as "one of the main feeder funds for FTX and instrumental to its fraudulent business model."

Yesterday, lawyers from the FTX Group announced their intention to settle out of court with Modulo Capital, a measure that effectively wiped the VC firms’…

Coinbase's Wells notice hints at enforcement action, Do Kwon arrested and FTX seeks to sell $95 million in Mysten Labs stocks.

Modulo Capital, an investment firm created by three former Jane Street executives, has been dealing with a request from the FTX Group for the return of VC…

"The Debtors carefully considered and analyzed the offer as set forth in the Agreement in comparison to its other options and concluded that a sale of the Interests will result in obtaining maximum

FTX filed for bankruptcy protection in November

A filing in the U.S. bankruptcy court in Delaware detailed that Modulo Capital agreed to relinquish any claims to the $56 million in assets held in FTX and FTX US accounts with the remaining $404

Following “constructive negotiations,” Sam Bankman-Fried’s (SBF) bankrupt FTX has inked a deal to pull back more than $460 million in assets from Modulo…