FTX and CFTC Agree on $12.7 Billion Settlement to Repay Creditors
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The recently bankrupt cryptocurrency exchange FTX has agreed to a $12.7 billion settlement with the U.S. Commodity Futures Trading Commission (CFTC) aimed entirely at reimbursing its creditors. This settlement is a crucial part of FTX's Chapter 11 restructuring plan, as noted by CFTC senior trial attorney Carlin R. Metzger.
Source: en.coinotag.com ↗