According to ChainCatcher, FTX customer Nikolas Gierczyk sued the hedge fund Olympus Peak, accusing the fund of making more than $1 million after purchasing his claims but not paying him the full amount of his earnings.

Gierczyk claimed that he sold $1.59 million in claims to Olympus Peak last year at a "substantially discounted 42%" price, and FTX obtained approval for its bankruptcy reorganization plan this year and is expected to return 129% to 146% of the value of the claims to customers.

In the lawsuit, Gierczyk emphasized that his agreement with Olympus Peak clearly stipulated the right to additional compensation, but the fund refused to fulfill this obligation. 📈🔍

This lawsuit provides us with a window to observe the dynamics of the crypto market and legal disputes, reminding investors of the importance of clear terms in the agreement.