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The Commodity Futures Trading Commission (CFTC) has secured $31 million in restitution for victims of a forex and cryptocurrency scam. Additionally, the CFTC has ordered an Illinois Futures Commission Merchant to pay over $980,000 due to supervision failures. In a related development, Solana DEX Mango Markets, a decentralized exchange, is considering a $500,000 settlement with the CFTC to avoid litigation over commodities trading violations. Meanwhile, the FTX bankruptcy estate and multidistrict litigation (MDL) plaintiffs have resolved differences, addressing a $20 billion out-of-pocket loss for damages.
