Bitcoin24h $63,772.68+0.53%

Ethereum24h $1,890.06+0.02%

BNB24h $609.07-0.10%

XRP24h $1.01-0.02%

Solana24h $76.38+1.01%

TRON24h $0.3344-0.40%

Hyperliquid24h $58.19+4.26%

Dogecoin24h $0.0701-0.80%

UNUS SED LEO24h $9.48+3.84%

Zcash24h $494.36+1.32%

Creditors due $12.7B from FTX and Alameda 21 months after bankruptcy

FTX and Alameda both agreed in July to pay creditors. However, this agreement was subject to yesterday’s court verdict.

Jump Crypto’s shady backers could make things worse during CFTC probe

Despite efforts to distance itself from FTX, Jump had ties to the fraudulent empire that the CFTC might now be investigating.

Binance will disgorge $1.35B in “ill-gotten transaction fees” and pay $1.35B to the CFTC while CZ will pay a $150M civil monetary penalty.

Crypto exchange Binance was majorly fined by the CFTC — but a senior commissioner says it should serve as a cautionary tale and not the norm.

The CFTC has racked up 47 cases of crypto related crime in 2023, up from 18 cases last year, with over $4 billion in penalties.