ChainCatcher news, according to Reuters, FTX has reached a settlement agreement with hedge fund Modulo Capital to recover $460 million in assets for stakeholders, which accounts for over 99% of Modulo's remaining assets, including $404 million in cash, and waiving any claims to the $56 million in assets held in FTX accounts.Modulo Capital received $475 million in seed funding from Alameda Research in 2022, (source link)

ChainCatcher news reports that sources indicate the founder of Modulo Capital is under scrutiny by prosecutors investigating FTX and is negotiating with FTX bankruptcy lawyers to return Alameda Research's $400 million investment.Sources also indicate that there is no evidence suggesting the Modulo founder has done anything wrong, and they hope to exchange the return of investment funds for FTX's exemption of certain legal liabilities for Modulo Capital. This portion of the funds is currently held in an interest-bearing account at JPMorgan.According to previous reports by ChainCatcher, Alameda Research invested a total of $400 million in Modulo Capital in 2022. Modulo Capital was founded in March 2022 and has no public performance record, with co-founder Duncan Rheingans-Yoo graduating from Harvard University just two years prior. Additionally, sources revealed that another co-founder of Modulo Capital, Lily, had a romantic relationship with SBF. (Source link)

ChainCatcher news, according to The New York Times, Alameda Research invested a total of $400 million in Modulo Capital in 2022, and Modulo Capital is currently a focus of the federal prosecutors' investigation.It is reported that Modulo Capital was founded in March 2022, has no prior performance record or public image, and its co-founder Duncan Rheingans-Yoo graduated from Harvard University only two years ago. According to four insiders, another co-founder of Modulo Capital, Lily, is a former Wall Street trader who had a brief romance with SBF. (source link)

According to ChainCatcher news, as reported by CoinDesk citing sources, Modulo Capital, a multi-strategy hedge fund founded by three former Jane Street traders, received a $400 million loan from Alameda Research. The fund is based in Albany, Bahamas (Albany is a luxury apartment building where SBF and other FTX and Alameda employees reside), and was established in early 2022, responsible for trading cryptocurrencies as well as traditional financial assets. Before having Alameda as its sole investor, it secured financing from several traditional financial institutions.It is reported that SBF and former Alameda Research CEO Caroline Ellison both worked at Jane Street before entering the crypto industry. (CoinDesk)