FTX Bankruptcy Update: Creditors Seek In-Kind Crypto Payments Amid Restructuring Plan

1 min read

11 months ago bitnews

The collapse of the FTX exchange in November 2022 left many users without access to their funds, causing widespread concern in the crypto community. Subsequent to the abrupt halt in withdrawals, FTX was hacked, leading to further complications for its users and stakeholders. FTX’s founder, Sam Bankman-Fried, faced legal consequences, culminating in a lengthy prison