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FTX To Distribute $16 Billion To Creditors, Another Mt. Gox-Like Selloff Ahead? The Coin Republic 04 wrz 2024

FTX To Distribute $16 Billion To Creditors, Another Mt. Gox-Like Selloff Ahead? 💼

Mt. Gox USA FTX

FTX Derivatives Exchange is preparing to distribute $16 billion in assets to its creditors.

The company, which is currently bankrupt, has amended its reorganization plan to offer total repayment to its affected creditors.

This distribution will include amounts related to bankruptcy claims and interest for non-governmental creditors.

There are concerns that this distribution might trigger a selloff similar to the infamous Mt. Gox case.

Źródło: www.thecoinrepublic.com ↗

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