FTX creditors will receive $1.6B in reimbursement tomorrow. This is the 3rd major distribution in the bankrupt firm’s restructuring program. FTT has lost $1 psychological mark after hitting $1.20 peaks this week. The defunct cryptocurrency exchange, FTX, is set to distribute roughly $1.6 billion to its creditors in its Third Distribution round on September 30. The move marks a significant step in the exchange’s bankruptcy process following the late 2022 collapse. Meanwhile, tomorrow’s payout represents the third disbursement to date […]
