FTX and US CFTC Reach Settlement for a $12B Repayment Plan to Creditors

The cryptocurrency landscape has witnessed a significant development as FTX, the bankrupt cryptocurrency exchange, and the United States Commodities Futures Trading Commission (CFTC) have reached a settlement agreement. This settlement concludes a 19-month lawsuit with a substantial $12.7 billion repayment plan to FTX creditors. The case, which began in December 2022, involved allegations of fraud […] The post FTX and US CFTC Reach Settlement for a $12B Repayment Plan to Creditors appeared first on Tekedia.

  Business   Jul 18, 2024   0   16  Add to Reading List
FTX and US CFTC Reach Settlement for a $12B Repayment Plan to Creditors

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Advertise on doacWeb

WhatsApp: 09031633831

To reach more people from NGN1,000 now!

The cryptocurrency landscape has witnessed a significant development as FTX, the bankrupt cryptocurrency exchange, and the United States Commodities Futures Trading Commission (CFTC) have reached a settlement agreement. This settlement concludes a 19-month lawsuit with a substantial $12.7 billion repayment plan to FTX creditors. The case, which began in December 2022, involved allegations of fraud […]

The post FTX and US CFTC Reach Settlement for a $12B Repayment Plan to Creditors appeared first on Tekedia.

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