H2: Lawsuit Alleges Bybit Fintech Ltd. and Mirana Involved in $838 Million Transfer
A legal complaint filed in Delaware on Friday has taken aim at Bybit Fintech Ltd., its investment arm Mirana, and a number of individuals, including Mirana executive Sean Tan. The complaint alleges that the investment unit “received gross transfers from FTX.com of digital assets currently valued at approximately $838 million,” with about $500 million of that amount being transferred in the days leading up to FTX halting withdrawals on Nov. 8, 2022.
H3: Allegations Against Bybit Fintech Ltd. and Mirana
The lawsuit, which was filed in Delaware, accuses Bybit Fintech Ltd. and its investment arm Mirana of being involved in the transfer of $838 million in digital assets. The complaint also names several individuals, including Mirana executive Sean Tan, as being connected to the alleged transfers. It is claimed that approximately $500 million of the transferred assets took place in the days before FTX halted withdrawals on Nov. 8, 2022.
The complaint alleges that Bybit Fintech Ltd., its investment arm Mirana, and several individuals, including Mirana executive Sean Tan, were involved in the transfer of $838 million in digital assets, with approximately $500 million being transferred in the days leading up to FTX halting withdrawals on Nov. 8, 2022.
The investment unit “received gross transfers from FTX.com of digital assets currently valued at approximately $838 million,” of which about $500 million were transferred in the days before FTX halted withdrawals on Nov. 8, 2022.
The lawsuit, filed in Delaware, also highlights the role of FTX.com in the alleged transfers. According to the US Securities and Exchange Commission, it is alleged that the transfers involved digital assets valued at approximately $838 million, with approximately $500 million being transferred in the days leading up to FTX halting withdrawals on Nov. 8, 2022.
The legal complaint filed in Delaware specifies the involvement of Bybit Fintech Ltd., its investment arm Mirana, and individuals, including Mirana executive Sean Tan. The lawsuit alleges that the investment unit “received gross transfers from FTX.com of digital assets currently valued at approximately $838 million,” with about $500 million being transferred in the days before FTX halted withdrawals on Nov. 8, 2022.
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I've been involved in the cryptocurrency world since 2016 and trading since 2019. I started Moon and Lambo in 2021. I'm passionate about crypto and love to share my knowledge. I hate bankers and I hope that cryptocurrency will change the financial world for the better. View full profile...
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