FTX seeks to reverse funds made to Shaq, Naomi Osaka and Miami Warmth

Bankrupt crypto trade FTX is probing if it may reclaim the thousands and thousands of {dollars} paid to celeb athletes and sports activities groups that promoted the trade earlier than it filed for chapter final November.

In an over 180 web page Aug. 31 courtroom submitting, FTX’s monetary advisors laid out an in depth record of high-profile figures and companies it paid in its advertising efforts to see in the event that they’re underneath guidelines permitting bankrupt corporations to reverse the funds.

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