FTX to begin distributing $1.2B to creditors after Trump inauguration
A significant portion of FTX repayments will likely be reinvested into cryptocurrencies, thanks to the promising growth prospect of the crypto market for 2025, industry insiders told Cointelegraph.
Update 11:00 am UTC: This article has been updated to include quotes from Philipp Zentner.
FTX is preparing to distribute more than $1.2 billion in repayments to the bankrupt former cryptocurrency exchange’s users.
FTX, once the world’s second-largest centralized cryptocurrency exchange (CEX), is set to begin repaying users who have been unable to access their funds for over two years.
Go to Source
Author: Zoltan Vardai
