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FTX and CFTC agree to $12.7B settlement, subject to court approval

Carl Sandburg by Carl Sandburg
July 17, 2024
in Crypto
FTX and CFTC agree to .7B settlement, subject to court approval
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FTX and CFTC agree to $12.7B settlement, subject to court approval

The US commodities regulator didn’t seek a civil monetary penalty, meaning the entire $12.7 billion would be used to pay back FTX’s creditors.

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