#FTXRefunds
🔔 #FTXRefunds: FTX has announced the start of the second round of repayments, with over 5 billion dollars paid to eligible recipients. The payments include multiple categories, with a compensation rate of up to 120%, and are being delivered via BitGo and Kraken.
📌 Distribution began on May 30, with completion expected in a few days for recipients who have met tax verification and KYC requirements.
💼 The total expected refund reaches 16.5 billion dollars under a court-approved repayment plan.
📈 This move could enhance market liquidity and positively reflect on investor confidence.