Failed cryptocurrency platform FTX Trading and affiliate Alameda Research must pay $12.7 billion to compensate customers and fraud victims under a consent
Failed cryptocurrency platform FTX Trading and affiliate Alameda Research must pay $12.7 billion to compensate customers and fraud victims under a consent order, US regulators announced Thursday. A US court in New York ordered the payments in the wake of a massive fraud scheme perpetrated by ex-FTX leader Sam Bankman-Fried, said the Commodity Futures Trading […]
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https://insiderpaper.com/us-orders-ftx-alameda-to-pay-12-7-bn-to-victims/
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