FTX Clawback: A Founder Continues to Hold $500M Received from SBF
Last year, FTX unveiled a repayment plan to round up its Chapter 11 proceedings. Makhat’s $500M is one of the investments FTX is trying to recover to settle customers’ claims. Rashad Makhat continues to hold the over $500M in investment received from Sam Bankman-Fried’s hedge fund. Rashad Makhat, a Kazakhstan-based businessman and former jujitsu platform,...