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FTX Estate to Begin Repaying Main Creditors $11.4B in Cash by May 2025

FTX Estate to Begin Repaying Main Creditors $11.4B in Cash by May 2025



The bankrupt cryptocurrency platform FTX aims to initiate repayments to primary creditors by May 30, 2025, deploying an $11.4 billion liquidity pool amassed since its 2022 downfall, Bloomberg revealed this week. Bankrupt FTX Creditors to Receive Payouts Having sought Chapter 11 protection in November 2022 amid a liquidity shortfall and fraud disclosures, the firm has […]



Source: https://news.bitcoin.com/ftx-estate-to-begin-repaying-main-creditors-11-4b-in-cash-by-may-2025/

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