US commodities regulator imposes 5-year trading ban on ex-Alameda, FTX execs

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US commodities regulator imposes 5-year trading ban on ex-Alameda, FTX execs

60-second summary

The consent orders ended the CFTC’s case against two former crypto executives after FTX and Alameda agreed to $12.7 billion in disgorgement and restitution payments in August 2024.

The consent orders ended the CFTC’s case against two former crypto executives after FTX and Alameda agreed to $12.7 billion in disgorgement and restitution payments in August 2024.