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FTX Recovery Trust Announces Third $1.6B Creditor Distribution


by Wayne Jones
for CryptoPotato
FTX Recovery Trust Announces Third $1.6B Creditor Distribution

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The FTX Recovery Trust, the organization tasked with repaying former customers and creditors of the defunct exchange, has announced a third distribution of nearly $1.6 billion.

According to a press release on Friday, the distribution will begin on September 30. Funds will be transferred to creditors’ accounts via BitGo, Kraken, or Payoneer within three business days.

Read the article at CryptoPotato

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FTX Recovery Trust Announces Third $1.6B Creditor Distribution


by Wayne Jones
for CryptoPotato
FTX Recovery Trust Announces Third $1.6B Creditor Distribution

Share:

The FTX Recovery Trust, the organization tasked with repaying former customers and creditors of the defunct exchange, has announced a third distribution of nearly $1.6 billion.

According to a press release on Friday, the distribution will begin on September 30. Funds will be transferred to creditors’ accounts via BitGo, Kraken, or Payoneer within three business days.

Read the article at CryptoPotato

In This News

Share:

In This News

Share:

Read More

Sam Bankman-Fried Conviction Overturned: A Stunning Legal Reversal for Crypto

Sam Bankman-Fried Conviction Overturned: A Stunning Legal Reversal for Crypto

BitcoinWorld Sam Bankman-Fried Conviction Overturned: A Stunning Legal Reversal for ...
XRP Funding Levels Drop To Extreme Negative Levels, What This Means For Price

XRP Funding Levels Drop To Extreme Negative Levels, What This Means For Price

XRP’s derivatives markets are still showing signs of bearish pressure, with funding r...