#BSCProjectSpotlight

FTX will begin paying $11.4 billion to creditors in May after a years-long bankruptcy battle

Payments to FTX's largest creditors will start on May 30, nearly three years after the exchange's collapse.

What you need to know

FTX raised $11.4 billion in cash to pay creditors following its collapse in 2022.

• Payments to major creditors will begin on May 30, according to court proceedings.

• There are still a large number of potentially fraudulent claims that need to be reviewed.

$ETH