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04 Apr 2024

FTX to start repaying creditors by year's end

FTX creditors might get their reimbursements already this year, Bank of England will likely trial tokenized assets, and KuCoin hits trouble after U.S. charges.
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FTX estate aims to start repaying creditors by year's end
According to new documents, The FTX bankruptcy estate plans to start repaying creditors towards the end of 2024. The FTX estate owes creditors more than $6 billion after the collapse in November 2022. The claims are denominated in a dollar amount based on the November 11, 2022 prices.
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