FTX Negotiates for Return of $400 Million From Obscure Hedge Fund
The founders of the trading firm Modulo Capital are in talks with FTX about returning the investment that Sam Bankman-Fried made in the fund.
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The founders of the trading firm Modulo Capital are in talks with FTX about returning the investment that Sam Bankman-Fried made in the fund.
FTX list of creditors shows tech and crypto firms, BlockFi FTX exposure of $1.2 billion, and new Celsius token may be issued for creditors.
The much-anticipated creditor list includes meal deliveries and hotel stays, making it unclear just how much FTX owed to both its customers and major companies.
The money was seized from a little-known bank named Farmington State Bank, which is located in rural Washington state, court filings revealed.
One of the founders of the hedge fund who used to work at Jane Street, is believed to be Sam Bankman-Frid ex-lover .