Someone familiar with the situation stated that the cost was below the $250 million that was spent on acquiring the custody firm Metaco back in May.
A crypto custodian, which was placed under receivership in July, incurred a loss of $76 million due to a separate wallet mishap in 2021, as stated in a court submission.
The most recent suggestion involves adding the U.S. Trustee as a party to be notified by the debtors and lowering the highest acceptable value for settled claims from the previous $10 million to $7 million.
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