FTX Creditors Set to Receive Repayments! 📰

FTX creditors repayments are set to begin on May 30, but there’s a catch BTC$BTC claims are currently valued at just 20% of the market price. That means if you had 1 #Bitcoin stuck on FTX, you're getting paid for only 0.2 Bitcoin worth at today’s prices.

While it's a relief that repayments are finally rolling out, this valuation is a hard pill to swallow for many. The crypto market has surged since FTX’s collapse, and creditors are now left wondering if they’ll ever recover their full value.$BTC

#FTX