London hedge fund Attestor sues seller Lemma Technologies over 200% windfall from FTX bankruptcy trading, alleging "seller's remorse."

London hedge fund Attestor, which specializes in distressed assets, has filed a lawsuit against seller Lemma Technologies amid a 200% windfall from FTX bankruptcy trading. Attestor's lawsuit alleges "seller's remorse" as the value of crypto coins skyrocketed, boosting the assets they bought at rock-bottom prices. The fund became the largest FTX claims buyer, purchasing at least $400m worth of claims.

March 18, 2024
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