🚀 **FTX and Bybit Settle for $228 Million!** 🚀

In a major move, FTX has agreed to settle its lawsuit against Bybit, its executives, and investment arm Mirana, securing a whopping $228 million to help repay creditors. This settlement, pending court approval, marks a significant step in FTX's efforts to recover assets after its 2022 collapse.

The deal includes retrieving $175 million in digital assets from Bybit and selling $52.7 million in BIT tokens to Mirana Corp. FTX believes this is in the "best interests" of all parties, providing a more certain outcome than prolonged litigation.

A court hearing on November 20, 2024, will finalize the settlement. Stay tuned for more updates on this unfolding story! 🌟