FTX Trust Distributes $2.2B to Creditors
Bitcoin & Crypto News Today | 2 Min News | The Daily News Now! · The Daily News Now!
Audio is streamed directly from the publisher (api.fastcast.ai) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
FTX Recovery Trust distributes $2.2 billion to creditors, marking the fourth payout in the exchanges bankruptcy recovery. Eligible creditors will receive funds in U.S. dollars, with options to convert to digital assets later. This round boosts recovery rates significantly, with some classes reaching full recovery and even surpassing it. Preferred equity holders are next in line, with a record date of April thirtieth and payments starting May twenty-ninth.
Support the show:
Get a discount at https://solipillow.com/discount/dnn.
Advertise on DNN:
[email protected]
This is an automated, high-level news summary based on public reporting.
Report issues to [email protected].
View sources & latest updates:
https://sources.thednn.ai/e87d39b7978221cd