FTX has reached a settlement with the CFTC, and the $4 billion claim comes after creditors and interest
The document forwarded by Sunil, the representative of FTX creditors on platform X, shows that FTX has reached a settlement with the U.S. Commodity Futures Trading Commission (CFTC). The CFTC's claim for 4 billion dollars will be ranked after all creditors and interest. The funds paid to the CFTC will be transferred into a supplementary relief fund to pay those who have been harmed (cryptocurrency holders), but only if there are sufficient funds available.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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