The post FTX and Alameda Reach $12.7 Billion Settlement, Ending Legal Battle with CFTC appeared first on Coinpedia Fintech News Major Settlement Greenlit! On August 7, U.S. District Judge Peter Castel granted final approval for a substantial $12.7 billion settlement between FTX, its trading affiliate Alameda Research, and the Commodity Futures Trading Commission (CFTC). This decision concludes a 20-month-long legal battle stemming from allegations of fraud and misrepresentation by FTX and Alameda. Interestingly, the settlement …