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FTX settles with CFTC, whose $4 billion claims will rank after creditors and interest

On July 13, FTX creditor Sunil said in a post on the X platform that a document on July 12 shows that FTX has reached a settlement with the US Commodity Futures Trading Commission (CFTC), and the CFTC's claim of $4 billion will be ranked after all creditors and interest. The money paid to the CFTC will go into the supplementary return fund to compensate cryptocurrency holders who have been seriously damaged.