#FTXrepaymentFTX Digital Markets is set to begin repaying $1.2 billion to its creditors, marking the first major distribution since the exchange collapsed in 2022. Payments will start with priority given to creditors with claims under $50,000. This is part of the ongoing bankruptcy process following FTX’s downfall, which resulted in an estimated $9 billion in losses across the industry.#BinanceAlphaAlert
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