CFTC-PR-8938-24 (Aug. 8, 2024)
CFTC Obtains $12.7 Billion Judgment Against FTX and Alameda – Restitution and Disgorgement Damages to Pay Fraud Victims.
Washington, D.C. — The Commodity Futures Trading Commission today announced the U.S. District Court for the Southern District of New York entered a consent order of permanent injunction and other equitable relief against FTX Trading Ltd. and Alameda Research LLC (together, FTX) and ordered FTX to pay $12.7 billion in monetary relief to FTX customers and victims of FTX’s fraud.
Date Accessed: Aug. 19, 2024
Source URL: https://www.cftc.gov/PressRoom/PressReleases/8938-24
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