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OverviewAPI
FTX and BlockFi have reached a settlement where FTX may pay up to $874 million to BlockFi, pending approval by U.S. Bankruptcy Judge John Dorsey. The settlement involves repayment of loans between the companies after both went bankrupt in 2022, with a $250 million payment to BlockFi and the remaining amount dependent on FTX's ability to repay its customers and creditors.

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