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Coin Edition 2024-11-22 06:21:56

FTX to Return $16 Billion to Users: Payouts to Start in March 2025

FTX announced plans to distribute $16 billion in recovered funds to creditors and customers. The company expects to complete its Chapter 11 Plan of Reorganization by January 2025, with initial payouts beginning by March 2025. This will mark a significant step in the exchange’s efforts to recover from its collapse and compensate affected parties. The The post FTX to Return $16 Billion to Users: Payouts to Start in March 2025 appeared first on Coin Edition .

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