Crypto & Bitcoin

FTX to pay out at least 118% of recognized claims to 98% of its creditors

FTX's reorganization plan promises 98% of creditors over 100% cash repayment, with a total distribution value up to $16.3 billion. The post FTX to pay out at least 118% of recognized claims to 98% of its creditors appeared first on Crypto Briefing.

May 8, 2024 - 07:50
 0  5
FTX to pay out at least 118% of recognized claims to 98% of its creditors

FTX's reorganization plan promises 98% of creditors over 100% cash repayment, with a total distribution value up to $16.3 billion.

The post FTX to pay out at least 118% of recognized claims to 98% of its creditors appeared first on Crypto Briefing.

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