The Block: BDO accounting firm once said that it did not find any problems in FTX's acquisition of DAAG, but has not commented on this yet

CoinVoice recently learned that on July 25, according to The Block, BDO Accounting Firm issued a report in April 2022 stating that "no problems were found in FTX's acquisition of Digital Assets AG (DAAG) for US$376 million, and the transaction reasonably represented its fair value."

BDO did not respond to multiple requests for comment on the assessment. DAAG declined to comment.

CoinVoice previously reported that FTX bankruptcy lawyers have filed an application with the Delaware Bankruptcy Court in the United States to recover $323 million from the leadership of FTX Europe. Previously, SBF and FTX paid a total of approximately $323.5 million to acquire the Swiss company DAAG and renamed it FTX Europe. The total acquisition transaction amounted to more than $376 million, of which $52.5 million was the outstanding debt balance. [Original link]