CFTC Finalizes $12.7B Payout by FTX and Alameda to Creditors

FTX and Alameda Research have settled with the United States Commodity Futures Trading Commission (CFTC), agreeing to pay $12.7 billion to creditors. This settlement ends a 20-month-long legal dispute and the total amount of compensation without civil penalties, which is only credit or reimbursement. Judge Peter Castel’s approval of the agreement was significant in regulating and […] source: https://www.thecoinrepublic.com/2024/08/08/cftc-finalizes-12-7b-payout-by-ftx-and-alameda-to-creditors/