US Court Orders FTX and Alameda to Pay Fraud Victims $12.7 Billion in Historic CFTC Recovery

A U.S. territory tribunal has ordered FTX and Alameda Research to wage $12.7 cardinal to fraud victims owed to their misuse of lawsuit funds and fraudulent practices. Ian McGinley, Director of the Commodity Futures Trading Commission’s Division of Enforcement, emphasized that this multibillion-dollar betterment is the largest betterment successful CFTC history. FTX and Alameda Ordered […]