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FTX Repayments: Creditors to Receive Another $900 Million

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FTX to Distribute $2.2B to Creditors in Fourth Payout on March 31 (1)

The post FTX Repayments: Creditors to Receive Another $900 Million appeared first on Coinpedia Fintech News

FTX will begin distributing another $900 million to creditors starting tomorrow, bringing total repayments since the exchange’s 2022 collapse to nearly $10 billion. Many creditors are expected to recover more than 100% of their original claim value based on the bankruptcy filing date, while some smaller accounts could receive up to 120%. The latest payout …

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