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FTX Faces $150 Million Lawsuit From Mysterious Company

Ramsey Baker

Summary: FTX, the cryptocurrency derivatives exchange, has received a $150 million lawsuit, according to a document posted by End of the Chain podcast host Samuel McCulloch. The lawsuit comes from the mysterious entity Bitcoin Manipulation Abatement LLC. FTX is facing this lawsuit for allegedly using accounts to manipulate Binance’s recently launched Bitcoin futures in mid-September. By ...

FTX, the cryptocurrency derivatives exchange, has received a $150 million lawsuit, according to a document posted by End of the Chain podcast host Samuel McCulloch.

The lawsuit comes from the mysterious entity Bitcoin Manipulation Abatement LLC. FTX is facing this lawsuit for allegedly using accounts to manipulate Binance’s recently launched Bitcoin futures in mid-September.

By Ramsey Baker

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