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FTT price on the edge as FTX creditors brace for $1.6B payout on Sept. 30 - Invest In Crypto News
Summary by investincryptonews.com
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1 Articles
FTT price on the edge as FTX creditors brace for $1.6B payout on Sept. 30 - Invest In Crypto News
FTX creditors will receive $1.6B in reimbursement tomorrow. This is the 3rd major distribution in the bankrupt firm’s restructuring program. FTT has lost $1 psychological mark after hitting $1.20 peaks this week. The defunct cryptocurrency exchange, FTX, is set to distribute roughly $1.6 billion to its creditors in its Third Distribution round on September 30. The move marks a significant step in the exchange’s bankruptcy process following the l…
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