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FTX has filed a lawsuit in the USA Chapter Courtroom for the District of Delaware towards a few of the funding companies it had ties to earlier than its collapse. The swimsuit, filed June 22, contained 16 counts and seeks over $700 million from the defendants.
The lawsuit submitting named K5 International – an incubator and funding firm, Mount Olympus Capital and SGN Albany Capital, in addition to affiliated entities and K5 International co-owners Michael Kives and Bryan Baum, as defendants. Kives is a former agent for the CAA expertise company and former aide to Hilary Clinton. The swimsuit famous the then-CEO of FTX Sam Bankman-Fried (SBF) attended a social occasion hosted by Kives in 2022:
Proceed Studying on Coin Telegraph
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