#FTXRefunds FTX, a second round of reimbursements of 5 billion dollars will soon begin on May 30
The exchange platform that went bankrupt in 2022 will initiate a second round of reimbursements following the first distribution of payments made in February of this year, which mainly benefited creditors with smaller claims.
This represents an important advance in the asset recovery process after the bankruptcy, which left thousands of users and companies affected. Payments in this second round will be directed to creditors with claims exceeding 50,000 dollars, including both institutional clients and suppliers and business partners, a group that includes large institutional investors and companies that held assets on the platform.
The significance of this new round lies in the fact that it allows progress towards compensating those affected, who have waited for years for the return of their assets.