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🚨 FTX & CFTC Strike $12.7B Settlement Deal FTX and the CFTC have agreed to a $12.7B settlement to resolve a lengthy lawsuit. This includes $8.7B in restitution and $4B in disgorgement, aiming to repay creditors directly. No civil monetary penalties were imposed, ensuring more… https://t.co/a0GjB8zuvk
🚨 FTX's $12.7B Bag Secure? Court's Call Next! FTX & CFTC just dropped a $12.7B bombshell settlement to squash a 19-month beef. With $8.7B in restitution and $4B in disgorgement, creditors might finally get their bags. No fines, just payback straight to the fam. Final… https://t.co/unI1PB423f
FTX proposes $12.7 billion settlement deal with CFTC https://t.co/kKl0gytlGf
FTX and the Commodity Futures Trading Commission (CFTC) have agreed to a $12.7 billion settlement after months of negotiations. The settlement includes $8.7 billion in restitution and $4 billion in disgorgement, aimed at repaying creditors directly. No civil monetary penalties were imposed as part of the agreement. The settlement is subject to court approval and resolves a 19-month lawsuit.
