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FTX Bankruptcy Estate to Claw Back $460M From Modulo Capital

Alameda Research seeded little-known Bahamas-based hedge fund Modulo Capital with $475 million in 2022. The recovery includes $404 million in cash.

Updated May 9, 2023, 4:11 a.m. Published Mar 23, 2023, 12:35 a.m.
John J. Ray III, CEO of FTX Group (Nathan Howard/Getty Images)
John J. Ray III, CEO of FTX Group (Nathan Howard/Getty Images)