Modulo Capital

Creditors of the collapsed cryptocurrency exchange FTX have approved a proposal to sell its preferred stock in Mysten Labs, the developer of the Sui blockchain. A March 22 document filed with the U.S. Bankruptcy Court in the District of Delaware outlines a proposed arrangement between FTX creditors...

Bankrupt cryptocurrency exchange FTX is making strides to recover some customer funds that were allegedly misused. The company submitted a motion on Wednesday to reclaim $460 million in assets for its stakeholders. The funds are expected to be retrieved from Modulo Capital, a Bahamas-based hedge...