FTX Seeks to Claw Back Over $240 Million From Embed Acquisition

FTX Seeks to Claw Back Over $240 Million From Embed Acquisition

Bankrupt crypto exchange FTX is seeking to claw back more than $240 million (nearly Rs. 2,000 crore) it paid for stock trading platform Embed, saying former FTX insiders did no investigation before buying the essentially worthless bug-ridden software platform.  FTX filed three lawsuits late Wednesday in US Bankruptcy Court in…