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Coin Edition 2024-02-24 13:58:00

FTX Settles Lawsuit for $33 Million Over Failed European Expansion

Bankrupt crypto exchange FTX has settled a lawsuit to recover funds spent on its ill-fated European expansion. The settlement, totaling $33 million, ended a legal battle that stemmed from FTX’s acquisition of a European startup for $323 million. The lawsuit targeted the acquisition of Zurich-based Digital Assets DA AG, which FTX rebranded as FTX Europe The post FTX Settles Lawsuit for $33 Million Over Failed European Expansion appeared first on Coin Edition .

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