According to the flow chart, Bankman-Fried held a roughly 53% stake in this silo; Gary Wang and Nishad Singh, former FTX executives, held roughly 17% and 8%, respectively; and third-party ...

FTX and CFTC have reached a $12.7 billion settlement. FTX filled for bankruptcy in 2022, and regulators filled civil lawsuits against the firm. After two years of legal battle and investor ...

FTX Strikes $12.7 Billion Deal with CFTC: What’s Next? In a groundbreaking move, FTX and the CFTC have hammered out a jaw-dropping $12.7 billion settlement. After filing for bankruptcy in 2022 ...

FTX Strikes $12.7 Billion Deal with CFTC: What’s Next for Investors? After a two-year legal saga and mounting investor frustration, FTX and the CFTC have inked a colossal $12.7 billion settlement.

FTX has been ordered by the Commodity Futures Trading Commission (CFTC) to pay $12.7 billion to FTX customers and victims of its fraud, the largest recovery in CFTC history.

Kristin N .Johnson, a commissioner at the Commodity Futures Trading Commission, said Thursday that the regulator has “boots on the ground” at LedgerX, a U.S.-based subsidiary of FTX, the ...

The US CFTC reached an agreement with the FTX Exchange and Alameda Research to compensate users with payments of $12.7B. Lawsuits against individual defendants will continue.

This past Wed., FTX's Sam Bankman-Fried and 40+ derivatives industry Sr. execs gathered at a CFTC event to voice views on path to open up, reinvigorate U.S. futures and bring crypto trading onshore.

CFTC Chairman Rostin Behnam called on Congress to establish a regulatory framework for cryptocurrencies in a Thursday hearing held in the aftermath of FTX’s dramatic implosion. Behnam, who has ...

If the Commodity Futures Trading Commission had the authority to regulate crypto spot markets, it would have been able to prevent FTX’s failure, the agency's chairman testified Thursday before ...

The now defunct cryptocurrency exchange FTX and its sister company Alameda Research have been ordered to pay $12.7 million to their customers and fraud victims, the Commodity Futures Trading ...