FTX creditor representative Sunil Kavuri said the bankrupt exchange has now completed three payout rounds of about $7.1 billion.

The bankruptcy estate of the now-defunct crypto exchange, which collapsed in November 2022, has taken almost three years to reach this stage.

FTX creditor representative Sunil Kavuri said the bankrupt exchange has now completed three payout rounds of about $7.1 billion.

The bankruptcy estate of the now-defunct crypto exchange, which collapsed in November 2022, has taken almost three years to reach this stage.