🚨 #FTXrepayment Update 🚨

FTX, the collapsed crypto exchange, has started repaying creditors! Here’s the latest as of Feb 19, 2025:

💰 Repayments begin – First payouts started on Feb 18, 2025.

🔹 Small claims first – Focus on amounts under $50K.

💵 $1.2B in payouts – Initial phase distributing $1.2B.

⚖️ Valuation dispute – Repayments based on Nov 2022 prices, meaning some creditors get less than today’s value.

⏳ Bigger claims next – Over $50K claims expected in Q2 2025.

📈 Market Impact: Analysts say incoming funds could boost crypto trading & affect Bitcoin prices! 🚀