FTX Token (FTT) is trading at $2.10, with an intraday high of $2.38 and a low of $2.07.
In recent developments, FTX has initiated its customer repayment plan, set to begin on January 3, 2025. The plan prioritizes customers with claims of $50,000 or less, aiming to start payments within 60 days of the effective date. FTX has secured between $14.7 billion and $16.5 billion to distribute, intending to repay 98% of users more than their initial losses.
Additionally, Backpack Exchange has acquired FTX EU and plans to relaunch in the first quarter of 2025, focusing on swift customer refunds and restoring trust in the platform.
