US CFTC Orders Fallen Crypto Exchange FTX to Pay .7 Billion to Customers

US CFTC Orders Fallen Crypto Exchange FTX to Pay $12.7 Billion to Customers

A US court has ordered bankrupt cryptocurrency exchange FTX to pay $12.7 billion (roughly Rs. 1,06,572 crore) in relief to its customers, the Commodity Futures Trading Commission (CFTC) said on Thursday. FTX drew customers in with “an illusion that it was a safe and secure place to access crypto markets,” then…