FTX debtors settle some claims over Embed deal with Sam Bankman-Fried, others

FILE PHOTO: An FTX logo is seen through broken glass in this illustration taken, December 13, 2022 REUTERS/Dado Ruvic/Illustration

(Reuters) - Bankrupt crypto exchange FTX and its debtors on Friday said they have entered into a settlement agreement with founder Samuel Bankman-Fried and others to resolve some claims related to its acquisition of stock trading platform Embed.

The settlement agreement is between Bankman-Fried, and former FTX executives Nishad Singh and Gary Wang.