Trending Coin: FTT
1. FTX and the U.S. Commodity Futures Trading Commission (CFTC) have agreed to a $12.7 billion settlement, which is currently awaiting approval from a Delaware judge.
2. As part of the settlement, the CFTC agreed that it would not collect any compensation as long as FTX complies with the restructuring plan. FTX will pay up to $12.7 billion in compensation to creditors, depending on available funds, and the FTX bankruptcy case is basically settled.
3. Currently, FTT trading volume and prices have soared, and the token price has risen 16.19% in 24 hours.
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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