FTX and CFTC reach $12.7 billion settlement after 19 months of litigation. 🤑

- This agreement is an important part of FTX's chapter 11 reorganization plan.

- Resolve disputes with largest creditors, avoiding costs and delaying litigation.

- CFTC sues FTX and former CEO Sam Bankman-Fried for fraud and deceit.

- The agreement includes $8.7 billion in compensation and $4 billion in restitution.

- The court will review the agreement on August 6 in Delaware.

What do you think about the future of FTX? Comment! 💬#CryptoNews#Blockchain #BTC