CFTC Issues $12.7 Billion Judgment Against FTX and Alameda

According to breaking information, the US institution CFTC made a $12.7 billion decision against bankrupt cryptocurrency companies FTX and Alameda.

FTX Trading Ltd. of the U.S. District Court for the Southern District of New York, U.S. Commodity Futures Trading Commission. and Alameda Research LLC (collectively FTX), ordering FTX to pay $12.7 billion in monetary relief to FTX customers and victims of FTX's fraud.

*This is not investment advice.