Kraken completes the first asset distribution for FTX, compensating over 46,000 creditors

2025-02-19 08:31:37

ChainCatcher news, according to Bitcoin News, Kraken has completed the initial fund distribution of FTX assets, compensating over 46,000 creditors.

It is reported that FTX plans to start repaying $16 billion to creditors on February 18, 2025, with the first phase repaying $6.5-7 billion. Payments are based on prices from November 2022.

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