FTX Reaches $12.7 Billion Settlement with CFTC Amid Bankruptcy Proceedings

The collapsed cryptocurrency exchange FTX and the U.S. Commodity Futures Trading Commission (CFTC) have reached a settlement agreement valued at $12.7 billion, awaiting approval from a Delaware judge. A court document filed on July 12 in the U.S. Bankruptcy Court for the District of Delaware revealed that the two parties had been negotiating for several

Source: CoinOtag