FTX, Alameda ordered to pay $12.7B to creditors by U.S. judge
FTX and trading firm Alameda Research will pay $12.7 billion to creditors after the approval of a consent order by a New York judge, ending a lawsuit from the Commodity Futures Trading Commission.
The order bans FTX and Alameda from trading digital assets and acting as intermediaries in the market, but does not include civil penalties.
