FTX Begins Creditor Repayments Today – What You Need to Know

The long-awaited recovery process for FTX creditors has officially begun. On January 3, 2025, the collapsed crypto exchange initiated repayments, marking a crucial milestone after a devastating bankruptcy. With $14.7 billion to $16.5 billion earmarked for distributions, the plan offers a lifeline to creditors and aims to restore trust in the crypto space. Background: From […] The post FTX... source: https://www.thecoinrepublic.com/2025/01/04/ftx-begins-creditor-repayments-today-what-you-need-to-know/