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Crypto platform FTX says it can pay back $11B to victims of firm collapse
May 8th, 2024 - 02:30 GMT

Crypto platform FTX says it can pay back $11B to victims of firm collapse

ALBAWABA - Defunct cryptocurrency exchange FTX claims that it now has enough resources to be able to pay back victims of the platform’s demise in 2022 in full, with interest on top, the company announced in a press statement, sharing a proposed “reorganization” plan. The total value of assets gathered, shifted to cash, and available for distribution is anticipated to range between $14.5 billion and $16.3 billion, according to FTX ...
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