<ul><li>A federal judge has ruled that two educational apps, part of BYJU’S software empire, were wrongly transferred away from US lenders and must be returned to a court-supervised bankruptcy trustee.</li><li>A trustee for the affiliates filed a lawsuit alleging that the money that should be used to repay creditors was instead siphoned off to Whitehat Education Technology.</li><li>The apps generated around $1 million monthly revenue and $700,000 was moved from these entities into BYJU’S account.</li><li>This is a small part of the bigger battle between BYJU’S and US lenders, as the former owed $1.2 billion to the latter.</li></ul>

US Judge Orders BYJU’S To Return Wrongly Transferred Apps To Bankruptcy Trustee

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