Breaking Down the $12.7 Billion FTX Settlement
In a significant development, the bankrupt cryptocurrency exchange FTX and the U.S. Commodity Futures Trading Commission (CFTC) have reached a $12.7 billion settlement, pending approval from a Delaware judge. This agreement, which arose after extensive negotiations, aims to address the massive financial impact of FTX’s collapse on its creditors. Background of the Case The lawsuit […]
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