Bankrupt cryptocurrency trading platform FTX paid more than $25 million to seven unnamed whistleblowers who found problems with the company, according to a review released Thursday.
One of the whistleblowers, described as a former executive of the FTX.US, resigned in September 2022 and agreed to a settlement worth more than $16 million after suggesting to executives such as SBF that FTX had "misled regulators and investors and lacked a proper corporate structure."
FTX Group to Pay Over $25 million to Seven Whistleblowers for Settlement
2024-05-23 20:18:50
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