Summary
- It reported that FTX Recovery Trust announced it plans to repay about $2.2 billion to creditors on March 31.
- It said additional repayments to preferred shareholders are scheduled for later this year.
- It reported that the repayment funds are expected to be deposited within 1–3 business days via BitGo, Kraken and Payoneer.
Forecast Trend Report by Period
FTX Recovery Trust, which manages the assets of the bankrupt crypto exchange FTX and returns them to victims, announced that it plans to repay about $2.2 billion to creditors on March 31 (local time).
According to crypto-focused media outlet CoinDesk on the 18th (local time), additional repayments to preferred shareholders are scheduled for later this year. The funds are expected to be deposited within 1–3 business days via BitGo, Kraken and Payoneer.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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