FTX Sues Token Issuers as It Ramps Up Legal Fight to Recover Missing Billions

FTX Sues Token Issuers as It Ramps Up Legal Fight to Recover Missing Billions

FTX is escalating its legal efforts. In an attempt to recover missing billions in digital assets, the FTX estate and FTX Recovery Trust have sued two crypto companies that allegedly have tokens that they were supposed to relinquish in contractual agreements prior to the firm’s downfall. This litigation indicates that the company is entering a…