FTX Bankruptcy Estate Sues Bybit for Nearly $1 Billion, Alleging Preferential Treatment to Withdraw Funds as FTX Collapsed
-
FTX bankruptcy estate sued Bybit for nearly $1 billion, alleging it used VIP status to withdraw $500M as FTX collapsed.
-
Bybit's investment arm Mirana had $850M on FTX and got concierge service like Alameda.
-
Lawsuit claims Bybit seized FTX assets it held to force withdrawal prioritization.
-
FTX alleges Bybit used BitDAO to devalue tens of millions in tokens post-bankruptcy.
-
FTX bankruptcy proceedings seeking to clawback billions are among most complex in history.