FTX slashes $2.5 billion in customer claims ahead of May repayments

5-4-2025 – The tumultuous tale of FTX’s bankruptcy has taken a decisive turn, as the beleaguered cryptocurrency exchange moves to tighten its grip on a sprawling mess of creditor claims. Under the stewardship of its new leadership, FTX has wielded a firm hand, striking out nearly 392,000 customer claims—potentially worth up to $2. 5 billion—due to [. source: https://www.cointrackdaily.com/ftx-slashes-2-5-billion-in-customer-claims-ahead-of-may-repayments/