#FTX赔付 【FTX First Repayment of 1.2 Billion USD: FTT Rises Then Falls, Market Value Drops to 670 Million, What Lies Ahead?】
FTX has finally started repaying its debts! This round of payment is approximately 1.2 billion USD.
According to FTX creditor Sunil, the next repayment date is May 30, and the recipients will be creditors with debts exceeding 50,000 USD. Additionally, those who had their repayments approved but did not receive them in the first distribution, as well as users with debts below 50,000 USD.
According to FTX's repayment plan, approximately 98% of creditors will receive about 118% of their assets in cash. Payments are based on prices from November 2022.
Previously, FTX announced that the total repayment amount would be between 14.5 billion USD and 16.3 billion USD.
Binance data shows that the MEME coin FTT is currently priced around 2 USD, with a market value of 670 million. It rose before the repayment event and fell after, with a daily drop of 10%. Recently, FTT has been significantly affected by the compensation events.
Moreover, FTX founder SBF seems to be pursuing a presidential pardon, but current media analysis suggests that SBF has a very slim chance of obtaining one. Regardless, the progress of this event will largely influence the price of FTT.
The price fluctuations of FTT remind investors that the market's reaction to these events may be filled with uncertainty.
