FTX Initiates $1.2 Billion Payout to Creditors: A Milestone in Crypto History
On February 18, 2025, FTX, the once-prominent cryptocurrency exchange, commenced its initial distribution of approximately $1.2 billion to creditors with claims under $50,000. This significant payout marks a pivotal moment in the aftermath of FTX’s dramatic collapse in November 2022.
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