Source: Coindesk.com
FTX and trading firm Alameda Research will pay $12.7 billion to creditors after the approval of a consent order by a New York judge, ending a lawsuit from the Commodity Futures Trading Commission. The order bans FTX and Alameda from trading digital assets and acting as intermediaries in the market, but does not include civil penalties.
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The post "FTX, Alameda Ordered to Pay $12.7B to Creditors by U.S. Judge" appeared first here Coindesk.com.
Source: Coindesk.com
