Summary
- It was announced that bankrupt cryptocurrency exchange FTX will begin its first reimbursement.
- This first reimbursement amounts to $6.5-7 billion, as part of a total $16 billion reimbursement plan.
- FTX creditors are expected to start receiving payments from the 19th.
Bankrupt cryptocurrency exchange FTX is set to begin its first reimbursement.
On the 18th (local time), Solid Intel announced via X that "FTX's first reimbursement will begin at 12:00 (Korean time) on the 19th."
Previously, CoinTelegraph reported that FTX would begin reimbursing creditors with a total of $16 billion. The first reimbursement amount is expected to be between $6.5-7 billion.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
!["No U.S. government backstop" shock…Bitcoin retreats to the $60,000 level; Ethereum also rattled [Lee Su-hyun’s Coin Radar]](https://media.bloomingbit.io/PROD/news/a68e1192-3206-4568-a111-6bed63eb83ab.webp?w=250)
