Court filing: FTX and the CFTC agree a $12.7B settlement after months of negotiations, pending a judge's approval; FTX will return up to $12.7B to creditors (Sarah Wynn/The Block)

Sarah Wynn / The Block:

Court filing: FTX and the CFTC agree a $12.7B settlement after months of negotiations, pending a judge’s approval; FTX will return up to $12.7B to creditors  —  – The two have been negotiating over the past few months, according to a court document filed on July 12 in the U.S. Bankruptcy Court for the District of Delaware.