FTX Couldn’t Sell European Unit, Requested 323 Million Compensation from Former Owners!

The bankrupt cryptocurrency exchange FTX has claimed $323.5 million in damages from the former owners of its European unit FTX Europe.

in Delaware Bankruptcy Court 12 July According to a hearing held on , FTX will be acquired in 2022. to FTX Europe converted Swiss Digital Assets AG (DAAG) any economic value does not express and therefore cannot be sold stated. The FTX front is in line with that. of DAAG used to purchase 323.5 million refund of dollars wanted.

FTX lawyers say that DAAG is a small company and has no business plan beyond its business plan. to intellectual property He claimed he didn’t have it. In Europe by the company’s FTX operating license The lawyers, who stated that they were purchased with the hope of getting DAAG founders Brandon William And Robin MatzkeHe claimed that it was carried out to benefit the.

According to the information provided, the Swiss company has agreed to assist FTX Europe with licensing. South Cyprusfinancial services company operating in K-DNA‘I $2.2 million he bought. With this transaction, FTX needs in Europe to license even though it reaches DAAG 100 million dollar a bonus payment made.

FTX front, on compensation DAAG co-founders And FTX Europe executives held responsible. Total purchase agreement 376 million from dollars It is stated that this amount is excessive 52.5 million dollar part of not yet paid reported. FTX, paid out of court 323.5 million dollar And of interest Patrick GruhnBrandon WilliamRobin Matzke And other defendants demanded his return as compensation. In addition, the agreement has not yet been paid. 52.5 million dollar The suspension of the part was also among the requests submitted by FTX to the court. Swiss Court, It had approved an investigation into the sale in recent months.

FTX has become obsolete in recent weeks. Former aide to US Secretary of State Hillary Clinton And investment company K5 Globalagainst many defendants, including 700 million dollar Another lawsuit was filed.

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