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Thursday, August 8, 2024
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    HomeFinanceFTX debtors comply with promote stake in Mysten Labs for $95 million

    FTX debtors comply with promote stake in Mysten Labs for $95 million

    Debtors of defunct cryptocurrency trade FTX have accepted an settlement to promote their most popular shares in Mysten Labs, the corporate behind the Sui blockchain.

    March 22 In a submitting with the US Chapter Courtroom for the District of Delaware, FTX’s debtors proposed a settlement wherein Mysten Labs and the corporate agreed to mutually waive claims. Beneath the settlement, the debtors deliberate to promote Mysten’s most popular shares for about $95 million. USD, along with 1 million USD SUI tokens.

    Proceed studying Coin Telegraph.

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