FTX Settlement with CFTC Subordinates $4B Claim, Affecting Creditors and Token Holders

FTX has reached a settlement agreement with the Commodity Futures Trading Commission (CFTC) regarding its $4 billion claim in the bankruptcy case. The settlement, pending court approval, introduces a Supplemental Remission Fund aimed at providing additional compensation to affected cryptocurrency holders. The agreement has stirred controversy among creditors, some of whom argue it prioritizes government

Source: CoinOtag