![FTX Affiliate Alameda Research Drops Grayscale Lawsuit New York Stock Exchange with banner flagging ProShares Bitcoin Strategy ETF on the day it started trading.](https://btcusa.com/wp-content/uploads/2024/01/FTX-Affiliate-Alameda-Research-Drops-Grayscale-Lawsuit-678x381.jpeg)
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According to court documents filed in New York on Jan. 29, Attestor, through a wholly-owned subsidiary called Svalbard Holdings Limited, made an agreement with a Panamanian company, Lemma Technologies, to purchase the accounts – worth a combined $166 million at the time of FTX’s collapse – in June 2023, after placing the highest bid at an auction organized by Lemma Technologies in May 2023.
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