US Shutdown Anxiety Meets $1.6B FTX Repayment

US Shutdown Anxiety Meets $1.6B FTX Repayment

The post US Shutdown Anxiety Meets $1.6B FTX Repayment appeared on BitcoinEthereumNews.com. FTX is in the process of repaying $1.6 billion to its creditors as the exchange’s repayment procedures near their final stages. While the $1.6 billion is a modest sum, its timing could provide a key defense for the market against the negative impacts of a potential US government shutdown. $1.6 Billion in Liquidity Returns to Crypto Investors According to …

FTX Confirms $1.6B Creditor Payout: Large Claims Recover 83.9%, Small Claims Surpass 120%

The credit representative of that creditor Sunil confirmed that FTX will release $1.6 billion today. The payment is made to the large and small claimants in the bankruptcy plan. Big Claims Settlement 78.2% Plus Before 5.7% The round also sees creditors recovering 78.2 percent of balances in claims of over 50,000. By May 30, 2025, they had already been issued 5.7%. Together with large claimants have obtained 83.9% of their claims allowed. On an e…

FTT price on the edge as FTX creditors brace for $1.6B payout on Sept. 30

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 l…

** FTT Technical Breakdown: Momentum Shift Following SBF's Surprise Post and $1.6B Repayment News

** FTT price hits $0.95 with bullish signals emerging. RSI neutral at 53, MACD turning positive after SBF's social media activity sparked 24% surge. Key resistance at $1.30. (Read More)