FTX’s $4 Billion Settlement With CFTC Prioritizes Creditor Repayments

Bankrupt crypto exchange FTX has tentatively agreed to settle with the US Commodity Futures Trading Commission (CFTC). This marks another chapter in the firm’s ongoing bankruptcy process and efforts to repay creditors impacted by its sudden 2022 collapse. FTX Reach $4 Billion Settlement With CFTC According to a July 12 court filing, FTX agreed to a $4 billion settlement with the... source: https://beincrypto.com/ftx-settles-with-cftc-for-4-billion/