Bankrupt crypto exchange FTX has reached a deal to recover more than $400 million (roughly Rs. 3,300 crore) in cash from hedge fund Modulo Capital, pulling back 97 percent of the money that FTX companies sent to the hedge fund in 2022, according to court documents filed on Wednesday.
Bahamas-based Modulo agreed to pay $404 million (roughly Rs. 3,300 crore) in cash and give up its claim to $56 million (roughly Rs. 460 crore) in assets held on…