“FTX attracted customers with an illusion of safety and security for accessing cryptocurrency markets,” said CFTC Chairman Rostin Behnam. But instead, customer deposits were used for the company’s own risky investments.

A U.S. court has ordered the bankrupt cryptocurrency exchange to pay $12.7 billion to its customers, following a settlement with the Commodity Futures Trading Commission (CFTC). FTX assured that its customers will receive full compensation based on the value of their accounts at the time of the bankruptcy filing.

Under the agreement with the CFTC, FTX will pay $8.7 billion in restitution and $4 billion in disgorgement. These amounts will be used to compensate customers for their losses.

FTX founder Sam Bankman-Fried was sentenced to 25 years in prison for stealing $8 billion from customers, but he has already filed an appeal against the sentence.