The post FTX Sues Ex-Salameda Employees for $157.3 Million! appeared first on Coinpedia Fintech News
Crypto exchange FTX has filed a lawsuit against former employees of Salameda to recover $157.3 million. The Hong Kong-incorporated entity was controlled by FTX’s ex-CEO, Sam Bankman-Fried, and allegedly participated in fraudulently withdrawing assets from FTX in the days leading up to its November 2022 bankruptcy filing. The filing also alleges that the defendants exploited …