FTX to Begin $11.4 Billion Creditor Repayments on May 30
TLDR FTX will begin repaying major creditors $11.4 billion starting May 30, 2025 Claims are valued at November 2022 prices, when Bitcoin was worth 80% less than today Smaller creditors under $50,000 have already begun receiving payments The company faces billions in disputed or fraudulent claims that may delay full distribution Despite controversy over valuation […]
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