Crypto exchange FTX must pay $12.7 billion to customers, US CFTC says By Reuters

Crypto exchange FTX must pay $12.7 billion to customers, US CFTC says By Reuters

(Reuters) – A U.S. court has ordered bankrupt crypto exchange FTX to pay $12.7 billion in damages to its customers, the Commodity Futures Trading Commission said on Thursday. FTX lured customers with “the illusion that it was a safe and secure place to access crypto markets,” and then misused its customers’ funds to make risky … Read more