#FTXrepayment #FTXrepayment : FTX, the bankrupt cryptocurrency exchange, has begun its first round of repayments to creditors, distributing approximately $1.2 billion as of February 18, 2025. This initial phase focuses on creditors with claims of $50,000 or less, who are receiving full repayments with 9% annual interest. The overall repayment plan is substantial, with more than $16 billion expected to be distributed to creditors. The next round of repayments is scheduled for May 2025, as FTX continues its efforts to address claims resulting from its collapse in late 2022.
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There are less than 20 hours left until the SEC files its appeal brief in the Ripple case, the appeal could be dismissed if they don't file the#XRPform by tomorrow. If that happens, this currency will be launched towards Mars ☄️☄️ Support