Mysten Labs to Buy Back Equity, Token Warrants from FTX Bankruptcy Estate for $96M

FTX Has Over $1B in Cash, Creditor Meeting Told

FTX Ventures invested $101 million in Mysten Labs just months before Sam Bankman-Fried’s empire collapsed. Now, Mysten is buying back the stake (and Sui token warrants) for $96 million through bankruptcy court.

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