FTX Estate To Begin Paying Major Creditors With $11,400,000,000 in Cash Reserves: Report

FTX Estate To Begin Paying Major Creditors With $11,400,000,000 in Cash Reserves: Report
Altcoin | April,1 2025

The bankrupt crypto exchange FTX is reportedly primed to begin paying its main group of creditors at the end of May. Business restructuring lawyer Andrew Dietderich said in court last week that the payouts are scheduled to begin on May 30th, Bloomberg reports. FTX will use its $11.4 billion cash reserves, which were amassed after […]

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