FTX to Pay BlockFi $874M, Ending High-Stakes Legal Tug-of-War

In a significant development, financially troubled firms BlockFi and FTX have announced a groundbreaking agreement to resolve their longstanding disputes. The agreement, described as in principle, signifies a pivotal step towards closing the legal battles between the two entities. FTX Commits to $874 Million Settlement According to details disclosed in a court filing dated March 6, FTX has committed to paying BlockFi up to $874.5 million. This substantial sum marks a potential resolution to the protracted legal feud that has plagued both companies. Under the terms of the agreement,...

source: https://tokenpost.com/FTX-to-Pay-BlockFi-874M-Ending-High-Stakes-Legal-Tug-of-War-11377

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