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ZEC $334.27 -0.52%

Sino Global filed a claim of $67.3 million against FTX

2023-08-07 22:59:57
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ChainCatcher news, according to CoinDesk, the Liquid Value fund represented by Sino Global Capital has filed a claim of $67.3 million against FTX Trading Ltd. This fund was launched in 2021 in conjunction with SBF, aiming to raise $200 million, primarily targeting high-net-worth individuals. As of January 2022, the fund had raised $90 million, with FTX being the main investor.

Initially, Sino Global stated that its "direct exposure on the FTX exchange is limited to a seven-figure amount in custody."

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