On October 27, FTX announced that it had reached a settlement agreement with crypto trading platform Bybit, which would pay a settlement of US$228 million. FTX withdrew the relevant lawsuit. According to a settlement agreement announced by the court recently, FTX will recover $175 million worth of digital assets from Bybit's platform, while Bybit's investment arm Mirana Corp. will acquire additional assets, including BIT tokens, for $53 million. Previously, FTX accused Bybit's associated accounts of transferring $327 million in assets on the eve of their collapse, making it impossible for other users to withdraw cash. Earlier this month, FTX's approved compensation plan expected to allocate at least $12.6 billion to affected users. The payment plan will be launched within 60 days after the effective date, a specific date has not yet been determined.（BeInCrypto）