#FTXrepayment

FTXrepayment is an initiative aimed at returning funds to users of the cryptocurrency exchange FTX after its bankruptcy in November 2022. After the collapse of the exchange, millions of dollars were frozen, causing concern among investors. As part of the FTXrepayment program, appointed liquidators and legal advisors are working on identifying assets and distributing them among affected users. The process involves collecting and verifying creditors' claims, assessing available assets, and their proportional distribution. Despite the complexity and length of the procedure, FTXrepayment aims to ensure fair compensation for all affected customers.