🚀 Big News in Crypto! 🚀

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. 🛑

This wraps up a 20-month CFTC lawsuit. Remember when FTX filed for bankruptcy in 2022? Yeah, billions vanished. 💸

Sam Bankman-Fried, the mastermind, is already serving 25 years for fraud and more. Talk about a plot twist! 😱

What are your thoughts on this crypto drama? Comment below! ⬇️

#DeFi #Web3 #CryptoNews #FTX #Alameda