Kraken Completes FTX Estate’s First Fund Distribution, Compensating Over 46,000 Creditors
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Odaily has completed the first distribution of funds from the FTX estate, paying out to over 46,000 creditors. Previously, FTX planned to begin repaying $16 billion to creditors on February 18, 2025, with the first phase repaying $6.5-7 billion. The payments are based on November 2022 prices.
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