FTX Bankruptcy Update: $12.7 Billion Settlement with CFTC

Defunct crypto exchange FTX, once valued at $32 billion at its peak and boasting over $10 billion in daily trading volume, has agreed to a $12.7 billion settlement with the Commodities and Futures Trading Commission (CFTC) over fraud charges. However, the settlement awaits approval from a Delaware judge. The settlement agreement is a result of The post FTX Bankruptcy Update: $12.7 Billion Settlement with CFTC appeared first on Coin Edition .

Source: Coin Edition