đ Big News in Crypto! đ
FTX & Alameda Research just got hit with a $12.7B bill to pay back creditors after a New York judge's ruling. No civil penalties, but they're banned from trading digital assets and acting as intermediaries. đ
This wraps up a 20-month CFTC lawsuit. Remember when FTX filed for bankruptcy in 2022? Yeah, billions vanished. đž
Sam Bankman-Fried, the mastermind, is already serving 25 years for fraud and more. Talk about a plot twist! đ±
What are your thoughts on this crypto drama? Comment below! âŹïž
#DeFi #Web3 #CryptoNews #FTX #Alameda
