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FTX Bankruptcy Lawyers Ask Court for $323M Recovery From FTX Europe Leadership

Sam Bankman-Fried and the FTX Group had paid a total amount of approximately $323.5 million in return for the acquisition of Swiss Company DAAG which would ultimately come to be known as FTX Europe.

By Amitoj Singh|Edited by Sam Reynolds

Updated Jul 13, 2023, 1:09 p.m. Published Jul 13, 2023, 5:57 a.m.

FTX founder Sam Bankman-Fried leaves Manhattan Federal Court after his arraignment and bail hearings on December 22, 2022 in New York City. (Michael M. Santiago/Getty Images)