FTX Bankruptcy: $16 Billion Recovered, Cash Payments Planned for Customers

A U.S. bankruptcy court has approved FTX’s liquidation plan, paving the way for the beleaguered crypto exchange to repay customers in cash following its high-profile collapse. This decision comes after extensive efforts by the FTX team, which has collaborated with multiple U.S. government agencies and liquidated assets to amass funds. FTX attorney Andy Dietderich stated The post FTX Bankruptcy: $16 Billion Recovered, Cash Payments Planned for Customers appeared first on Coin Edition .

Source: Coin Edition