šø #FTX Begins $5B Payouts to Creditors
FTX has launched its second major repayment round, distributing $5B+ to usersābringing total repayments to $6.9B.
š¹ Convenience claims paid 120%
š¹ U.S. users get 54%, global users up to 72%
š¹ Payouts via Kraken & BitGo now underway
ā ļø FTX warns of phishing scamsāverify all emails!
With billions hitting wallets (mostly in stablecoins), analysts say altcoins could rally as funds flow back into the market.