Just In: FTX Proposes $200M Payment to IRS, Seeks Reduction from $24B

The bankrupt cryptocurrency exchange FTX has tentatively agreed with the United States Internal Revenue Service (IRS) to resolve a $24 billion tax dispute. The deal, which still requires court approval, proposes a substantial cut in the amount initially claimed by the tax authorities and outlines a repayment plan. FTX Agrees to $885M IRS Settlement Deal The post Just In: FTX Proposes $200M Payment to IRS, Seeks Reduction from $24B appeared first on CoinGape .