FTX struck a global settlement between its US and Bahamas bankruptcy proceedings in an attempt to jointly maximize creditor payouts. Image by Александр Поташев, Adobe Stock. The ongoing saga following the dramatic collapse of Sam Bankman-Fried‘s bankrupt cryptocurrency exchange FTX took a major new turn with a Tuesday announcement detailing a global settlement between FTX The post Breaking: Global Settlement Reached in FTX Digital Markets Liquidation appeared first on Cryptonews .