Court filings: FTX will recover assets worth $460M, including $404M in cash, of the $475M seed capital transferred by Alameda to hedge fund Modulo in 2022 (Tracy Wang/CoinDesk)

Tracy Wang / CoinDesk:
Court filings: FTX will recover assets worth $460M, including $404M in cash, of the $475M seed capital transferred by Alameda to hedge fund Modulo in 2022  —  Alameda Research seeded little-known Bahamas-based hedge fund Modulo Capital with $475 million in 2022.  The recovery includes $404 million in cash.

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