The court filings said the agreement came “following constructive negotiations with the Modulo Entities and their principals.” The $460 million in recovered assets represents over 99% of Modulo’s remaining assets, and includes $404 million of cash, the filing said. Additionally, Modulo would relinquish any claim on $56 million in assets held in accounts at FTX.com and FTX.US.

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Author: Tracy Wang

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