The court filings said the agreement came “following constructive negotiations with the Modulo Entities and their principals.” The $460 million in recovered assets represents over 99% of Modulo’s remaining assets, and includes $404 million of cash, the filing said. Additionally, Modulo would relinquish any claim on $56 million in assets held in accounts at FTX.com and FTX.US.

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• Source: https://www.coindesk.com/business/2023/03/23/ftx-bankruptcy-estate-to-claw-back-460m-from-modulo-capital/?utm_medium=referral&utm_source=rss&utm_campaign=headlines