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Bankrupt crypto firm FTX agrees to $12.7bn settlement with CFTC - Silicon Republic

Retrieved on: 2024-07-17 12:16:31

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Bankrupt crypto firm FTX agrees to $12.7bn settlement with CFTC - Silicon Republic. View article details on hiswai:

Summary

The article discusses the FTX bankruptcy case and the $12.7 billion settlement with the CFTC, involving disgorgement and restitution fees to repay creditors. It highlights the collapse and fraudulent actions of Sam Bankman-Fried, linking the issues to his hedge fund, Alameda Research.

Article found on: www.siliconrepublic.com

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