Bankrupt Crypto Exchange FTX Seeks to Claw Back Nearly $4B in Ongoing Bankruptcy Case

What Is a Crypto Exchange Token and How Did It Help Blow up FTX?

According to Wednesday’s filing, Alameda repaid $1.8 billion in loans to Genesis and pledged $273 million to Genesis in the 90 days before the various FTX companies filed for bankruptcy. Genesis also withdrew another $1.6 billion from FTX, while Genesis Global Capital International withdrew another $213 million in that same period.

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