Odaily Planet Daily News 📢, FTX recently reached a settlement agreement with Evolve Bank and the Silicon Valley Community Foundation (SVCF), expected to recover up to 21 million dollars in assets 💰. The agreement is still subject to court approval, with a hearing scheduled for November 20 📅.
Previously, Evolve Bank held over 13 million dollars in deposits in accounts opened for FTX affiliate West Realm Shires Services Inc. 💸. According to the agreement, Evolve Bank will retain 462,700 dollars as compensation fees and waive all related claims 📝.
The Bitcoin market remains hopeful 🌟, let's look forward to more good news!