In a significant development, a New York judge has approved a $12.7 billion settlement involving FTX, Alameda Research, and the CFTC. This settlement marks a crucial step in addressing the financial fallout from FTX’s collapse and aims to restore some stability in the crypto sector. With creditors set to receive compensation, the industry can begin to heal from one of its most notorious debacles. But will this be enough to restore investor confidence in crypto exchanges?
