The post FTX Settles $24 Billion IRS Dispute with $885 Million Agreement appeared first on Coinpedia Fintech News
FTX, the bankrupt crypto exchange once led by Sam Bankman-Fried, has finally resolved its dispute with the Internal Revenue Service (IRS) regarding a substantial $24 billion claim, reaching a tentative settlement. A recent court filing disclosed the agreement, which proposed significant reductions in the amount initially claimed by the tax authorities. According to the proposed …