FTX Plans $11.4B Payout—Who’s Getting Paid First?

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Crypto exchange FTX began repaying the major creditors $11.40 billion, guided by the 2022 crypto values despite the substantially higher prices. FTX begins $11.40 billion payout to creditors Creditors will benefit from claims based on November 2022 prices when BTC was valued at 80% less than its current value.  Creditors with claims below $50,000 have […]

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