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Adrabbit Ltd V.RABI.H

Adrabbit Ltd, former AppsVillage Australia Limited is an Israel-based company that has developed a Software-as-a-Service (SaaS) cloud-based platform that provides small-to-medium businesses with a way to develop their own branded mobile business applications as a means of connecting with their clients. The Company’s platform enables small-to-medium businesses to create, manage and share their own apps to enable marketing and sales for their products and services through its personal mobile apps channel. Its SaaS platform is based on a subscription model of monthly or annual fees. Its technology has automated the app design, development, maintenance and marketing, allowing businesses to create, preview and launch their mobile apps without having to write any code. Its mobile application features graphics to create promotions, push notifications, booking functions, cashback solutions, loyalty rewards, online chat, and online sales and coupons.


TSXV:RABI.H - Post by User

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Post by Loonyon Aug 10, 2024 10:35am
103 Views
Post# 36172728

Corrupt FTX to repay $12.7B to victims.

Corrupt FTX to repay $12.7B to victims.https://arstechnica.com/tech-policy/2024/08/ftx-to-pay-12-7b-to-victims-of-sam-bankman-frieds-massive-scheme/

FTX to pay $12.7B to victims of Sam Bankman-Fried’s massive scheme

US commodities trading agency claimed its largest recovery ever for FTX victims.

ASHLEY BELANGER - 8/8/2024, 6:21 PM


https://www.legalsportsreport.com/60631/playup-sues-ceo-mintas-over-failed-ftx-sale/

PlayUp has filed for a restraining order against its former US CEO, Dr. Laila Mintas, for torpedoing a potential $450 million sale to crypto exchange FTX following failed personal contract negotiations.

The suit alleges Mintas threatened to “burn PlayUp to the ground” after her demand to be installed as global CEO was rebuffed.

According to a lawsuit filed November 30 in Nevada, PlayUp started discussions with FTX for a sale of certain assets back in August.

However, Mintas contacted FTX founder Sam Bankman-Freid to warn him against the deal. Per the complaint, she told him: “There is conflict within management of PlayUP, there are systemic issues, and that the company is not clean.”

That ultimately caused the deal to fail, PlayUp claimed in the suit.
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