#FTX case makes major progress! ⚖️

Settlement Approval 📜

A US judge has approved a $12.7 billion settlement between FTX, Alameda Research and the CFTC. This brings an end to a 20-month legal battle.

Compensation and Statutory Restitution 💰

FTX and Alameda will pay $8.7 billion in compensation to those who lost money, plus an additional $4 billion in statutory restitution.

A Major Step for Victims 🔄

This settlement is a major step toward making things right for FTX victims.

Diversion of Funds 🤔

The big question remains: Will these funds be returned directly to individual investors who suffered losses, or will they be directed to the US Treasury?

Adequacy Question ❓

Will this settlement be enough to compensate those who lost money in the FTX collapse? DYOR!!

#TONonBinance #XRPVictory #MarketDownturn #BlackRockETHOptions #Babylon_Mainnet_Launch