A U.S. district court has ordered FTX and Alameda Research to pay $12.7 billion to fraud victims due to their misuse of customer funds and fraudulent practices. Ian McGinley, Director of the Commodity Futures Trading Commission’s Division of Enforcement, emphasized that this multibillion-dollar recovery is the largest recovery in CFTC history. FTX and Alameda Ordered […]Legal, Alameda Research, CFTC, Court, Crypto, Cryptocurrency, Customer Funds, Fraud, ftx, Litigation, Samuel Bankman-Fried, sbf, Southern District of New York, VictimsRead More
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