#MileiMemeCoinControversy Here’s what happened in crypto today

Today in crypto, FTX is set to begin repaying $1.2 billion to creditors, marking a key step in the exchange’s bankruptcy proceedings, Argentine President Javier Milei made his first public statement since the disastrous Libra memecoin launch to deny any wrongdoing on his part, and the ratio of long to short positions on SOL in futures markets is tilting bearish as memecoin losses mount.

FTX’s $1.2 billion repayments mark key moment in crypto industry recovery

FTX Digital Markets, the