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FTX settles complaint from the CFTC with $12.7 billion payout.

web3isgoinggreat.com FTX settles complaint from the CFTC with $12.7 billion payout

FTX will pay $8.7 billion in restitution and another $4 billion in disgorgement to settle the lawsuit from the CFTC, which was filed shortly after FTX collapsed in November 2022. All $12.7 billion, or what is available of it among FTX's remaining assets, will go to creditors rather than to...

FTX settles complaint from the CFTC with $12.7 billion payout
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