#FTXrepayment Circulating news !

FTX, the collapsed cryptocurrency exchange, has initiated a repayment plan to compensate affected users and creditors. Following its bankruptcy in 2022, FTX has been working to recover and redistribute assets. The repayment process involves returning a portion of the lost funds based on the value of holdings at the time of the platform’s collapse. While this offers some relief to victims, the amounts repaid may not reflect current market prices, potentially leaving users at a loss. The situation highlights the risks of centralized exchanges and the importance of self-custody in the crypto space. FTX’s efforts aim to restore trust, but challenges remain.