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FTX sues crypto exchange Bybit and two affiliates to recover ~$953M in cash and digital assets that was withdrawn using "VIP" status before FTX filed Chapter 11 (Jonathan Randles/Bloomberg)

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Jonathan Randles / Bloomberg:

FTX sues crypto trade Bybit and two associates to recuperate ~$953M in money and digital belongings that was withdrawn utilizing “VIP” standing earlier than FTX filed Chapter 11  —  – FTX claims Bybit affiliate used “VIP” standing to withdraw funds  — Bybit’s Mirana withdrew $327 million simply earlier than FTX pause



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