FTX Announces Global Settlement With The Bahamas Subsidiary: Fund Recovery on Horizon?

While FTX Trading Ltd announced the settlement with the FTX Digital markets (the Bahamas subsidiary of the company), the consumers would have to wait till at least the second quarter of 2024 for the funds’ recovery. FTX Trading Ltd has been under the bankruptcy proceeding for over a year now. Meanwhile, the consumers eagerly await the recovery of their funds. The FTX Settlement... source: https://beincrypto.com/ftx-global-settlement-agreement/