CFTC Obtains $12.7 Billion Judgment Against FTX and Alameda
WEBAug 8, 2024 · The order requires FTX to pay $8.7 billion in restitution and $4 billion in disgorgement, which will be used to further compensate victims for losses suffered as a result of the massive fraudulent scheme orchestrated by Samuel Bankman-Fried, his now-bankrupt FTX group of companies, and a core group of FTX insiders.
Crypto exchange FTX ordered to pay $12.7 billion to customers, …
WEBAug 8, 2024 · A U.S. court has ordered bankrupt cryptocurrency exchange FTX to pay $12.7 billion in relief to its customers, the Commodity Futures Trading Commission said on Thursday.
FTX, Alameda Ordered to Pay $12.7B to Creditors by U.S. Judge - CoinDesk
WEBAug 8, 2024 · Defunct crypto exchange FTX and trading firm Alameda Research will pay $12.7 billion to creditors as a New York judge officially approved a consent order on Wednesday, ending a 20-month-long...
FTX to pay $12.7B to victims of Sam Bankman-Fried’s massive …
WEBAug 8, 2024 · FTX, the bankrupt cryptocurrency exchange formerly helmed by fraudster Sam Bankman-Fried, has agreed to pay $12.7 billion to customers blindsided by Bankman-Fried's deceptions covering up...
FTX Trading, Alameda Ordered to Pay $12.7 Billion in CFTC Action
WEBAug 9, 2024 · The Commodities Futures Trading Commission obtained a consent order against FTX Trading Ltd. and Alameda Research LLC under which the companies must pay $12.7 billion to resolve claims that they defrauded their cryptocurrency customers, a federal district court said.
Crypto exchange FTX to pay $12.7 billion to fraud victims
WEBAug 9, 2024 · Collapsed cryptocurrency exchange FTX has agreed to pay $12.7 billion to investors who lost money when the exchange went bankrupt in November 2022.
FTX And Alameda Must Pay $12.7 Billion In Fraud Suit - Forbes
WEBAug 8, 2024 · Collapsed crypto exchange FTX and its sister trading firm Alameda Research must pay $12.7 billion to resolve a suit from the Commodity Futures Trading Commission, according to a court...
FTX Trading, Alameda Research Ordered to Pay $12.7 Billion, …
WEBAug 8, 2024 · The U.S. District Court for the Southern District of New York entered a consent order against FTX Trading and Alameda Research, requiring them to pay $12.7 billion in monetary relief to...
Crypto exchange FTX ordered to pay $12.7 billion to ... - Yahoo Finance
WEBAug 8, 2024 · (Reuters) -A U.S. court has ordered bankrupt cryptocurrency exchange FTX to pay $12.7 billion in relief to its customers, the Commodity Futures Trading Commission said on Thursday.
FTX ordered to pay $12.7 billion to customers - Fast Company
WEBAug 8, 2024 · A U.S. court has ordered bankrupt cryptocurrency exchange FTX to pay $12.7 billion in relief to its customers, the Commodity Futures Trading Commission (CFTC) said on Thursday.