FTX Group pays over $25 million to seven whistleblowers to settle lawsuit
According to a review report released on Thursday, the bankrupt cryptocurrency exchange FTX paid over $25 million to seven unnamed whistleblowers who discovered problems with the company. One of the whistleblowers was described as a former executive of FTX.US who believed that the FTX Group "misled regulators and investors, lacked proper corporate structure," and made recommendations to SBF and other executives before resigning in September 2022 and agreeing to a settlement worth over $16 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BREAKING: SEC Delays Options Decision for BlackRock Ethereum Spot ETF
A Crack Inside the FED: FED Member Bowman Defended 25 Base Rate Cut Today, Criticized the Decision – Here are Hawkish Remarks
FED Governor Bowman argued at the last meeting that a 25 basis point reduction would be more ideal and made a statement.
BREAKING: FTX CEO Sam Bankman-Fried’s Collaborator Caroline Ellison Receives Sentence
Animoca Brands, The Sandbox, and Smobler Launch Virtual Peace Sanctuary in Metaverse相关文章