FTX to Pay $12.7B in Customer Relief, CFTC Says

FTX Ordered to Compensate Customers

In a notable development in the cryptocurrency world, the Commodity Futures Trading Commission (CFTC) has announced that the bankrupt crypto exchange FTX is mandated to pay $12.7 billion to its customers. This decision comes as a part of a settlement agreement, ensuring that customers will receive their dues before any government collections.