Binance Square

FXT

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ErinaCrypto
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Bullish
FTX will begin repaying creditor claims over $50,000 starting May 30, using its $11.4bn cash stockpile. However, crypto claims are valued based on prices from November 11, 2022, meaning creditors will receive only about 20% of Bitcoin’s current market value, despite its 5x price increase since then. #BSCTradingTips #FXT #Erinacrypto
FTX will begin repaying creditor claims over $50,000 starting May 30, using its $11.4bn cash stockpile.

However, crypto claims are valued based on prices from November 11, 2022, meaning creditors will receive only about 20% of Bitcoin’s current market value, despite its 5x price increase since then.
#BSCTradingTips
#FXT #Erinacrypto
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