Implications of FTX Repayments to Creditors on the Crypto Markets

FTX began repaying its major creditors on May 30, 2025, utilizing $11.4 billion in cash reserves accumulated since its collapse in November 2022. This follows a bankruptcy court-approved plan from October 2024, which allows the defunct cryptocurrency exchange to distribute funds recovered through asset liquidations and settlements. Smaller creditors, those with claims of $50,000 or [...]The post Implications of FTX Repayments to Creditors on the Crypto Markets appeared first on Tekedia.

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