However, the company filed a lawsuit against the major exchange KuCoin demanding a refund of $50 million.
On the 29th (local time), multiple overseas media outlets reported that KuCoin will suspend trading of Alameda Research's exchange account if FTX goes bankrupt in November 2022.
Alameda Research's capital within KuCoin was $28 million at the time, but since then, crypto asset prices have risen and it is now said to be around $50 million.
FTX is currently undergoing Chapter 11 bankruptcy proceedings. FTX said, "We blocked access to the assets immediately after KuCoin began its bankruptcy proceedings," and "We have not taken any measures against KuCoin."
"We requested them to do so, but they did not respond sincerely."
2024/10/30 15:23 KST
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