CFTC Obtains $12.7 Billion Judgment Against FTX and Alameda
August 08, 2024
August 08, 2024
WASHINGTON, Aug. 8 -- The Commodity Futures Trading Commission issued the following enforcement news release:
The Commodity Futures Trading Commission today announced the U.S. District Court for the Southern District of New York entered a consent order of permanent injunction and other equitable relief against and (together, FTX) and ordered FTX to pay $12.7 billion in monetary relief to FTX customers and victims of FTX's fraud. The order requires FTX to pay $8.7 billion in . . .
The Commodity Futures Trading Commission today announced the U.S. District Court for the Southern District of New York entered a consent order of permanent injunction and other equitable relief against and (together, FTX) and ordered FTX to pay $12.7 billion in monetary relief to FTX customers and victims of FTX's fraud. The order requires FTX to pay $8.7 billion in . . .