FTX’s $5B Creditor Repayment Starts May 30—Here’s Who Benefits

TL;DR FTX, the now-defunct cryptocurrency platform, will start the second payout phase of its bankruptcy repayment plan on May 30, distributing over $5 billion. Creditors will receive between 54% and 120% of their claims depending on their classification, through the exchanges BitGo and Kraken. Although the repayments are in cash and based on asset values. . . source: https://crypto-economy.com/ftxs-5b-creditor-repayment-starts-may-30-heres-who-benefits/