According to Odaily Planet Daily, Jump Trading subsidiary Tai Ho Shan has taken the bankrupt FTX to court for a $264 million Serum Token loan. Tai Ho Shan said Alameda failed to deliver 800 million Serum (SRM) tokens and demanded $264 million in compensation, but Alameda said the claim was invalid because the loan had never started. According to relevant lawyers, the contract terms did not specify any amount of collateral or consideration provided by Tai Ho Shan for the alleged loan. (Coindesk)