Original investors of Parrot and PRT can expect to recover about a tenth of the value they put in. Newcomers, particularly the activist investors who pressured Parrot’s leaders for a redemption program, could make many multiples, depending on when they bought in.
Former FTX Exec Ryan Salame Asks for 18 Months in Prison
In filings, his attorneys argue that Salame’s role at the shuttered companies was less central to the fraud and more...