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Analysts Estimate 60% of FTX's $2.2 Billion Payout Could Flow Back Into Bitcoin and Ethereum Within 30 Days
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FTX Kicks Off $2.2 Billion Distribution Round - Here's What Creditors Need to Know
Key Takeaways FTX will distribute ~$2.2B to creditors starting March 31, bringing total payouts to ~$10B Some creditor classes hit 100% recovery – but based on 2022 crypto prices, not today’s Creditors must have completed KYC and tax forms by the February 14 record date to qualify SBF’s bid for a new trial was called “incoherent” by prosecutors; conviction remains intact The official announcement marks one of the more concrete milestones in the…
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