FTX seeks to claw back $460M from Bankman-Fried-backed VC firm
By Coinnews in Cryptocurrency
Updated a year ago
FTX has reached a settlement agreement with Modulo, a VC firm allegedly backed by Alameda under the direction of Sam Bankman-Fried. The settlement will allow FTX to claw back $460 million in funds if approved.
![ftx-seeks-to-claw-back-460m-from-bankman-fried-backed-vc-firm](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=1200/https://s3.cointelegraph.com/uploads/2023-03/67bc3eb1-7c63-4a07-a872-3bbe8d95bcbf.jpg)