Bankrupt crypto exchange has sued a former aide to , seeking to claw back $700 million in investments allegedly made with misappropriated FTX client funds.FTX, now under the control of bankruptcy liquidators, filed the suit against Michael Kives, his firm K5 Global, and K5 co-founder Bryan Baum on Thursday in Wilmington, , bankruptcy court. FTX said its founder was a 'profligate patron' who showered former Clinton aide Kives and his partner Baum with cash as part of an ongoing scheme to fraudulently use FTX customer assets for personal gain.
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