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Carlin R. Metzger – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Tue, 16 Jul 2024 23:00:31 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png Carlin R. Metzger – DIGIT INFO https://www.digit.info 32 32 FTX and CFTC agree to $12.7B settlement, subject to court approval https://www.digit.info/ftx-and-cftc-agree-to-12-7b-settlement-subject-to-court-approval/ Tue, 16 Jul 2024 23:00:31 +0000 https://www.digit.info/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.

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