FTX Triggers Its Repayment Plan
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The victims of the FTX bankruptcy finally see the light at the end of the tunnel. The crypto exchange platform officially activated its repayment plan on January 3, 2024, paving the way for the return of funds for millions of wronged users.
An FTX repayment process finally clarified
The first reimbursements are expected to occur within 60 days for creditors claiming less than $50,000, according to the approved reorganization plan by the court.
BitGo and Kraken, two major players in the crypto industry, will oversee the distribution of funds, estimated at around $16…
