Alameda Research Sues Waves Founder Ivanov to Recover 90 Million Dollars

Alameda Research has filed a lawsuit against Waves founder Aleksandr Ivanov, seeking to recover at least $90 million linked to the FTX bankruptcy. The lawsuit alleges Ivanov manipulated the value of WAVES and siphoned funds from Vires.Finance, leading to significant losses for users. Despite promises to cooperate, Ivanov reportedly blocked asset withdrawals and attempted to extort Alameda, prompting the legal action.

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