[PeterPrinciple]

Since filing for bankruptcy, FTX’s new leadership has recovered more than $7 billion in assets that can be used to repay customers whose funds were frozen when the crypto exchange collapsed.

FTX has also filed lawsuits over its pre-bankruptcy investment in the stock platform Embed and its payments to Genesis Global Capital, the bankrupt lending arm of crypto firm Genesis.

FTX on Wednesday announced a settlement with the Metropolitan Museum of Art, in which the museum agreed to return $550 million in donations that it received from FTX companies in 2022.

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Good news, and the work is still not done.

This will take the money out of a lot of lib causes.

https://www.cbsnews.com/news/ftx-sam-bankman-fried-house-committee-testify/

John J. Ray III, who stepped in to lead FTX after it filed for bankruptcy

[rdcbn1]

So Bankman Fried bought a MINORITY stake in Kendall Jenner's 818 Tequila company for $214 million in FTX funds when SEC filings showed 818 was worth $2.94 million at the time?

And he gave Metropolitan Museum of Art $550 million in donations from FTX companies in 2022 alone?.

[ConservativeMind]

That’s a lot of money reclaimed.

I am very surprised. The Met got $550 million of customer monies? Hilary’s aide got $700 million? Crazy.

[tired&retired]

Did they get the Democrat bribes, I mean political contributions back?