🚨 FTX begins $5B repayment to creditors
Payouts started May 30 via BitGo & Kraken
Funds expected to arrive in days
Recovery rates:
• Dotcom: 72%
• U.S. customers: 54%
• Loans/unsecured: 61%
• Convenience: 120%
Total recovery may reach $16.5B.
Payouts started May 30 via BitGo & Kraken
Funds expected to arrive in days
Recovery rates:
• Dotcom: 72%
• U.S. customers: 54%
• Loans/unsecured: 61%
• Convenience: 120%
Total recovery may reach $16.5B.