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Bankrupt cryptocurrency exchange FTX has reached settlement agreements with Evolve Bank and the Silicon Valley Community Foundation (SVCF) that are expected to recover about $21 million in assets, according to CryptoSlate.Court filings on Oct. 30 show that the settlements still require court approval, and a hearing is scheduled for Nov. 20, according to CryptoSlate. Under the terms of the settlements, Evolve Bank will return approximately $12.77 million to FTX and retain $462,700 for indemnification costs. In addition, the bank will waive all claims against FTX. For its part, the Silicon Valley Community Foundation agreed to return $8.57 million in cash and 34,208.70 FTT tokens to avoid litigation. The foundation previously raised some of the money through the sale of donated FTTs for external donations, and now retains a portion of the balance.

According to Cointelegraph, the survey reported that some investors in Turkey now prefer cryptocurrencies over traditional investment options such as real estate and stocks. 56 percent of survey participants said gold was the top choice for savings or investments. Foreign currencies ranked second, followed by cryptocurrencies, with 30 percent of investors preferring cryptocurrencies, compared to 26 percent for real estate and 18 percent for stocks.