FTX’s FTX’s Bahamian branch of FTX, Cryptocurrency exchange will begin returning creditors who lost their money in November 2022.
According to February 4th FBI, FTX will be the digital markets of Sunil Kavuri, FTX start Starting from February 18, the distribution of funds based on the claims of the “comfort class” creditors.
Source: Sunil Kavuri
Distribution notice, Crypto company was based on a lender applying for the restoration by the company. It is not known if Kraken To help you distribute FTX funds You will have the same table to claim owners. All FTX users can be expected to pay more than $ 16 billion in allegations of users.
Related: Layerzero CEO announces settlement with FTX property
For years, the Court of Bank and Crypto, the ongoing court hearing to restore funds from the debtors of the FTX announced that the reorganization plan Entered into force on January 3. The initial group scheduled for payment is expected to receive funds in early March.
Final blows of FTX epa?
The popularity of FTX, one of the largest and well-known cryptocurrency exchanges in the world, came to the state of shaking once a week in November 2022 and was forced to announce bankruptcy. Then-CEO SAM resigned the Bankman-Fried position, and then was sentenced to 25 years in prison.
Kavouri SBF told the court session As a result of the collapse of the FTX, he said, “It was drawn for two years.” The reports suggested that he lost more than $ 2 million when the exchange was folded.
https://www.youtube.com/watch?v=_vwulhcmk1e
Criminal cases against other former FTX and Alameda research executors accused of the same accusation campaign in the same indictment ended until the end of 2024.
Magazine: Can you rely on CRYPTO exchanges after the ftx collapsed?
