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Temasek, Sequoia Capital, Softbank, leading VCs face lawsuit for “abetting” FTX fraud

The lawsuit, filed on Aug.7, alleged that the investment firms were responsible for “aiding and abetting” the FTX fraud. The suit claims that the defendants used their “power, influence and deep pockets to launch FTX’s house of cards to its multibillion-dollar scale.”

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Source: Cryptocurrency - investing.com

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