It has been reported that the bankrupt cryptocurrency exchange FTX will soon pay $5 billion to its creditors.
According to the latest information, FTX will pay $5 billion to its creditors on May 30.
The payments to be made by the FTX Recovery Trust represent the second period of distributions to creditors.
Creditors who complete the necessary pre-distribution steps will be able to receive their payments within 1 to 3 business days starting May 30 through their chosen distribution service provider (Bitgo or Kraken).
*This is not investment advice.
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