FTX to pay $12.7bn to former customers in latest CFTC ruling
The US Commodity Futures Trading Commission (CFTC) has ordered cryptocurrency exchange FTX to pay $12.7bn in relief to its former users. FTX, constituting FTX Trading Ltd and Alameda Research Ltd, will have to pay $8.7bn in restitution and $4bn in disgorgement to former users, who are considered victims of a fraudulent scheme perpetrated by its … Continue reading FTX to pay $12.7bn to former customers in latest CFTC ruling
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