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FTX ordered to pay $12.7M to customers, fraud victims

Now-defunct cryptocurrency exchange FTX and its sister company Alameda Research Ordered to pay $12.7 million The Commodity Futures Trading Commission (CFTC) announced the measures on Thursday to customers and victims of fraud. FTX will pay $8.7 million in damages and an additional $4 million to compensate victims of a “massive fraud scheme” orchestrated by Sam […]