FTX Reaches Settlement With IRS on $24 Billion Tax Claim
![FTX Reaches Settlement With IRS on $24 Billion Tax Claim](https://cryptoinvestment.at/wp-content/uploads/2024/06/ftx-reaches-settlement-with-irs-on-24-billion-tax-claim.jpg)
Crypto exchange FTX has reached a settlement with the Internal Revenue Service (IRS), reducing its $24 billion claim to $200 million to be paid within 60 days after the company’s restructuring plan is approved. Additionally, the U.S. tax authority will receive a $685 million lower priority claim, payable only if funds are available after satisfying […]