💸 #FTXrepayment : Payouts begin! 💸
🚨 Attention, former FTX users! The long-awaited refund has begun.
🔎 Key details:
✅ Key date: February 18, 2025.
✅ First phase: $1.2B distributed to creditors with less than $50K in claims.
✅ Next rounds: April 11 and May 30, 2025.
✅ Estimated total: Between $12.3B and $15B in recovered assets.
✅ Some will receive up to 118% of their claimed amount, with 9% interest.
✅ Distribution platforms: BitGo, Kraken, and more.
📉 How does it impact the market?
🤔 Would you trust a centralized exchange again after this scandal?
Leave us your opinion.👇
