Failed cryptocurrency exchange FTX has announced plans to repay creditors from the Bahamas with claims under $50,000. This repayment is set to commence on February 18, 2025, at 10:00 a.m. ET. The initiative is part of FTX's reorganization plan, which received approval earlier. It signals an essential step for the exchange in addressing outstanding liabilities and restoring trust among its users.
FTX's strategy to settle smaller claims highlights its commitment to resolving financial issues despite its previous setbacks. The company's focus on smaller creditors may provide some relief to affected people, encouraging further recovery efforts in the future.
Fonte: coinedition.com ↗