FTX and the Commodity Futures Buying and selling Fee (CFTC) have agreed to a $12.7B settlement.
FTX and the Commodity Futures Buying and selling Fee (CFTC) have agreed to a $12.7 billion settlement after months of negotiations.
The settlement contains $8.7 billion in restitution and $4 billion in disgorgement, aimed toward repaying collectors straight.
No civil financial penalties had been imposed as a part of the settlement. The settlement is topic to courtroom approval and resolves a 19-month lawsuit.
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