FTX and CFTC reached an agreement worth $12.7 billion! 💸

- FTX reached a $12.7 billion agreement with the US CFTC.

- The deal comes after accusations of fraud in 2022.

- FTX will pay creditors, but CFTC will not receive compensation.

- The hearing for approval of the agreement is on August 6.

Fluctuations continue in crypto markets! 🌊📉