FTX Fifth Distribution Is Its Smallest Yet: Who Still Cannot Get Paid?

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FTX carried out its fifth distribution on July 31 for an amount of 900 million dollars, making it the smallest round since the repayment process began. This distribution is part of the bankruptcy proceedings of the cryptocurrency exchange platform, which filed for bankruptcy in November 2022. Despite these successive payouts, some creditors remain unable to recover their funds. The amount distributed during this fifth operation is lower than that of previous distributions.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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