
FTX and CFTC agree to $12.7B settlement, subject to court approval
The US commodities regulator didn’t seek a civil monetary penalty, meaning the entire $12.7 billion would be used to pay back FTX’s creditors.
Post from: Cointelegraph.com News
Tags: FTX, Bankruptcy, Chapter 11, Reorganization Plan, John. J Ray III, Carlin R. Metzger, Restructuring, Court Filing, Creditor, Debtor