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Alameda: Tai Ho Shan's $264 million claim invalidated

2024-07-11 06:25
Odaily News Jump Trading subsidiary Tai Ho Shan sued the bankrupt FTX over a $264 million Serum Token loan. Tai Ho Shan reportedly stated that Alameda failed to deliver 800 million Serum (SRM) tokens and demanded $264 million in compensation, but Alameda stated that the claim was invalid because the loan was never started.