News Explorer — FTX Plans to Start Repaying Large Creditors in May

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Mar 29, 3:01 pm

Coindesk

FTX Plans to Start Repaying Large Creditors in May

FTX, under bankruptcy, will start repaying creditors by the end of May, with $11.4 billion in cash to distribute. Major creditors will receive payments first on May 30, while smaller ones with claims under $50,000 have already begun receiving distributions.

FTX, under bankruptcy, will start repaying creditors by the end of May, with $11.4 billion in cash to distribute. Major creditors will receive payments first on May 30, while smaller ones with claims under $50,000 have already begun receiving distributions.

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