Alameda Case

1 articles

U.S. Judge Approves $12.7 Billion Settlement in FTX, Alameda Case
U.S. Judge Approves $12.7 Billion Settlement in FTX, Alameda Case
Crypto News1 years ago
Raymond Munene
By Raymond Munene8/8/2024
Highlights: FTX and Alameda were ordered to pay $12.7 billion to creditors, ending a 20-month CFTC lawsuit. The settlement includes $8.7 billion in restitution and $4 billion in disgorgement, with no civil penalties. The approved reorganization plan offers a 118% […]