FTX Ready to Pay IRS $885 Million, Proposing $200 Million Upfront and $685 Million Later, But IRS Plans to Contest the Agreement in Court
Cryptocurrency exchange FTX has submitted a draft agreement to the U.S. Internal Revenue Service (IRS), proposing to pay $885 million to settle tax disputes. Of this amount, $200 million will be paid as a priority claim, and $685 million will be paid after settling other claims. According to the