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FTX Repayments: Expert Announces Initial Distribution, First Repayment Dates Coingape il y a 3 semaines

FTX Repayments: Expert Announces Initial Distribution, First Repayment Dates 💸

FTX

FTX, the troubled crypto exchange, has announced its schedule for repaying $16 billion to creditors. The first repayments are expected to start in early February, as outlined in the Plan and Confirmation Order. The bankruptcy reorganization strategy prioritizes small creditors, ensuring they receive their payments first.

These developments mark a significant step in FTX's efforts to address the financial obligations resulting from its troubles, providing long-awaited relief for involved creditors. Ensuring adherence to the schedule is vital for regaining trust in the exchange.

Source : coingape.com ↗

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