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Some FTX Customers Have Signed Settlement Agreements with SBF and Agreed to Drop Class Action Lawsuits Against Them

Some FTX Customers Have Signed Settlement Agreements with SBF and Agreed to Drop Class Action Lawsuits Against Them

Bitget2024/04/22 17:30
FTT+1.70%

Sam Bankman-Fried has signed a settlement agreement with a group of FTX customers who have agreed to drop a class action lawsuit against him in exchange for SBF's help in filing lawsuits against celebrities and venture capital firms. The settlement agreement was reportedly filed with the Miami court last Friday and has not yet been approved by a judge; if approved, the settlement would shield SBF from current civil liability and future civil liability related to the FTX bankruptcy.

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.
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