Summary
Attestor reached an agreement to purchase accounts worth $166 million from Lemma Technologies after placing the highest bid at an auction organized by the Panamanian company.
Key Points
1. Attestor, through its subsidiary Svalbard Holdings Limited, made an agreement to purchase accounts worth $166 million from Lemma Technologies after FTX’s collapse.
2. The agreement was made in New York court documents filed on Jan. 29, with Attestor placing the highest bid at an auction organized by Lemma Technologies in May 2023.
3. The purchase of the accounts is scheduled to take place in June 2023, as per the agreement between Attestor and Lemma Technologies.