In a document released on August 7th, US District Judge Peter Castel officially approved the $12.7 billion settlement reached between FTX and Alameda, aimed at resolving a two-year-long lawsuit from the US Commodity Futures Trading Commission (CFTC). This settlement indicates that the CFTC did not seek any civil fines against either party, instead, the entire $12.7 billion will be directly used for repaying affected FTX creditors. The resolution of this settlement is the result of extensive negotiations between both parties, marking an important consensus that has significant implications for resolving legal disputes involving FTX and Alameda.