US Court Orders FTX and Alameda to Pay Fraud Victims $12.7 Billion in Historic CFTC Recovery

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 […]

US Court Orders FTX and Alameda to Pay Fraud Victims $12.7 Billion in Historic CFTC Recovery

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 […]

Why is Solana (SOL) price up today?

Solana price is up today as investors’ excitement over a potential spot SOL ETF turns traders bullish on the altcoin. This post was originally published on this site

Why is Solana (SOL) price up today?

Solana price is up today as investors’ excitement over a potential spot SOL ETF turns traders bullish on the altcoin. This post was originally published on this site

Despite FTX’s Collapse, FTT’s $535M Market Cap Highlights Crypto Absurdity

Ten days ago, the FTX estate overseeing the bankrupt company’s proceedings informed customers they would receive more than 100% repayment. Following this announcement, the exchange token FTT from the defunct trading platform rose above $2 per unit. Astonishingly, despite being tied to a failed crypto exchange, this token still holds a market valuation of $535 […]

Why is Solana (SOL) price up today?

Today, the price of Solana has risen, propelled by a series of positive announcements related to the network and the Fed’s decision to forego rate hikes in 2024.This post was originally published on this site