Patrick Gruhn, the former head of FTX Europe, paid nearly $1.50 million for a gold pocket watch recovered from the Titanic's wealthiest passenger. Gruhn says he used money he made from selling the company and was unaware of FTX fraud before it broke out.
Patrick Gruhn said he used the money he earned from selling the company to buy the watch for his wife and said they would display it in a museum.
In July 2023, FTX's bankruptcy estate petitioned the U.S. Bankruptcy Court to order the recovery of more than $323.50 million from FTX's European leadership. Later, as part of the settlement, Gruhn and others agreed to buy back FTX's European assets for about $33 million. Grohn also said he was unaware of the FTX fraud until it broke out.
Former head of FTX Europe paid $1.50 million for gold Titanic watch
2024-05-02 08:05:54
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
FTX欧洲前负责人支付150万美元购买泰坦尼克号金表Next article：
FBI破获以加密投资为诱饵的庞氏骗局，涉案金额4300万美元
