#FTXrepayment refers to the process of repaying funds to users affected by the collapse of the FTX cryptocurrency exchange. Here is a summary of the most important information on the subject:
Current situation:
Serious steps towards repayment: After a long period of uncertainty, there appear to be serious moves to return funds to their owners.
Regulatory settlement: FTX has reached a settlement with the Commodity Futures Trading Commission (CFTC) to return deposits held after the exchange collapsed in 2022.
Repayment timeline: FTX is expected to begin repaying funds to customers in early 2025, with priority given to customers with claims of $50,000 or less.
Possibility of exceeding the value of original claims: Thanks to the high value of liquidated assets, some customers may receive more than 100% of the value of their original claims.
