FTXTrial
209,244 views
83 Discussing
Hot
Latest
#FTXrepayment FTX has just sent a test transaction of 1 $BTC — repayments are starting today!
$16 BILLION is about to re-enter the crypto market.
Bullish momentum incoming for Bitcoin & Altcoins!
#FTXAuction
#FTXTrial
$16 BILLION is about to re-enter the crypto market.
Bullish momentum incoming for Bitcoin & Altcoins!
#FTXAuction
#FTXTrial
#FTXrepayment
FTX has officially commenced repayments to creditors, marking a significant milestone following its 2022 collapse23. The initial phase, which began on February 18, 2025, prioritizes claims of $50,000 or less36. Approximately 98% of creditors fall into this category and are expected to receive at least 118% of their claim value in cash13.
The next round of repayments is scheduled for May 30, 2025, and will include those with claims exceeding $50,00019. To qualify, creditors must have their claims verified by April 11, 2025, and those with larger claims need to select a distribution agent by this date19.
The repayment process is facilitated through Kraken and BitGo, requiring creditors to complete KYC verification and submit necessary tax forms13. The distribution's total value is estimated between $14.5 billion and $16.3 billion, with 9% post-petition interest added to bridge the financial gap12.
#FTX #FTXAuction #FTXTrial #Binance #Write2Earn
FTX has officially commenced repayments to creditors, marking a significant milestone following its 2022 collapse23. The initial phase, which began on February 18, 2025, prioritizes claims of $50,000 or less36. Approximately 98% of creditors fall into this category and are expected to receive at least 118% of their claim value in cash13.
The next round of repayments is scheduled for May 30, 2025, and will include those with claims exceeding $50,00019. To qualify, creditors must have their claims verified by April 11, 2025, and those with larger claims need to select a distribution agent by this date19.
The repayment process is facilitated through Kraken and BitGo, requiring creditors to complete KYC verification and submit necessary tax forms13. The distribution's total value is estimated between $14.5 billion and $16.3 billion, with 9% post-petition interest added to bridge the financial gap12.
#FTX #FTXAuction #FTXTrial #Binance #Write2Earn
🚨FTX REPAYMENT🚨
FTX repayment refers to the process of returning funds to creditors and customers affected by the collapse of FTX, the cryptocurrency exchange that filed for bankruptcy in November 2022.
Key Points on FTX Repayment:
Bankruptcy Process – FTX's bankruptcy case has been ongoing, with efforts to recover assets and repay affected users.
Asset Recovery – The bankruptcy estate has been selling off assets, including crypto holdings and investments, to generate funds for repayments.
Repayment Plan – The repayment will likely be based on users' balances at the time of the collapse, though the exact terms depend on court rulings.
Repayment Currency – Some reports suggest repayments may be made in U.S. dollars rather than cryptocurrency, potentially impacting creditors who held crypto at the time.
Timeline – Full repayments could take months or years, depending on legal proceedings and asset liquidation.
#FTX
#FTXbankruptcy
#FTXTrial
#Binance
#GeopoliticalImpactOnBTC
FTX repayment refers to the process of returning funds to creditors and customers affected by the collapse of FTX, the cryptocurrency exchange that filed for bankruptcy in November 2022.
Key Points on FTX Repayment:
Bankruptcy Process – FTX's bankruptcy case has been ongoing, with efforts to recover assets and repay affected users.
Asset Recovery – The bankruptcy estate has been selling off assets, including crypto holdings and investments, to generate funds for repayments.
Repayment Plan – The repayment will likely be based on users' balances at the time of the collapse, though the exact terms depend on court rulings.
Repayment Currency – Some reports suggest repayments may be made in U.S. dollars rather than cryptocurrency, potentially impacting creditors who held crypto at the time.
Timeline – Full repayments could take months or years, depending on legal proceedings and asset liquidation.
#FTX
#FTXbankruptcy
#FTXTrial
#Binance
#GeopoliticalImpactOnBTC
See original
🚀 Great news for FTX investors! 💰
After 2 years of FTX's bankruptcy, investors are now about to get their money back!
🔹 98% of investors will receive 118% of their claim amount.
🔹 The first payment will be in February 2025 and the second in May 2025.
🔹 Those who have bought FTX claims at a lower price and invested in Bitcoin (BTC) or Solana (SOL) have benefited significantly.
📌 FTX declared bankruptcy in November 2022, and since then, there has been uncertainty about the return of funds to investors. But now, after 2 years, the process of returning money has finally begun.
👉 This could prove to be a big opportunity for those who remained patient and managed their claims properly.
⚡ Do you think this decision came at the right time? Did you also invest in FTX? Share your thoughts in the comments! ⬇️
#FTXAuction #ftx #FTTTokenSurge #FTXTrial #FTXbankruptcy $BTC
$ACT
$ALGO
After 2 years of FTX's bankruptcy, investors are now about to get their money back!
🔹 98% of investors will receive 118% of their claim amount.
🔹 The first payment will be in February 2025 and the second in May 2025.
🔹 Those who have bought FTX claims at a lower price and invested in Bitcoin (BTC) or Solana (SOL) have benefited significantly.
📌 FTX declared bankruptcy in November 2022, and since then, there has been uncertainty about the return of funds to investors. But now, after 2 years, the process of returning money has finally begun.
👉 This could prove to be a big opportunity for those who remained patient and managed their claims properly.
⚡ Do you think this decision came at the right time? Did you also invest in FTX? Share your thoughts in the comments! ⬇️
#FTXAuction #ftx #FTTTokenSurge #FTXTrial #FTXbankruptcy $BTC
$ACT
$ALGO
Login to explore more contents