It went bankrupt due to irregularities in recent years, causing a massive collapse in the cryptocurrency markets. FTX Exchange There was a new development on this topic. The court overseeing the FTX case in the US ruled that the dispute between the bankrupt exchange and the US Commodity Futures Trading Commission (CFTC) $12.7 billion approved the agreement.

FTX and sister company Alameda Research made the relevant agreement offer. last month they had presented. The CFTC also gave the green light for this agreement. the court also with approval An important step has been taken.

All $12.7 billion will be paid to creditors

The CFTC has not sought administrative penalties for FTX and Alameda Research. Therefore, the full $12.7 billion that falls within the scope of the agreement will be to business creditors affordable. In the meantime; FTX and Alameda Research will no longer transact in digital assets. will not be able to enter and will not be able to buy or sell digital assets on behalf of third parties. Companies on this topic permanent banishment was brought.

According to the information obtained, creditors are not sure how payment will be made. They moved on to the voting phase.. On this point, they are right, as the cryptocurrency markets have seen tremendous price volatility in recent years. The court will collect the requests through August 16 and will hear the requests on October 7. will make the final decision.