CoinShares Squeezes 116% Profit from FTX Wreckage, Here’s All

Quick Summary:

The agreement, finalized today pending standard closing conditions, promises an impressive recovery rate of 116% after broker fees.

CoinShares has announced the successful sale of its claim against FTX.

In a recent update on the ongoing FTX case, Moskowitz Law Firm and Boies Schiller Flexner LLP, representing thousands of plaintiffs in the multi-district litigation (MDL) against FTX, have objected to the proposed reorganization plan for FTX Trading Ltd.and its affiliates.

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Article Details

Category: Crypto

Markets: India

Topics: Ftx 24/7 Cryptocurrency News Coinshares FTX Bankruptcy

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-24 @ 11:49:33 (4 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 472 words

Reading Time: 3 minutes read

Sentences: 39 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 21366600

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 28 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #59

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