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FTX wallet moves Bitcoin ahead of creditor repayments

Key Takeaways FTX has begun testing Bitcoin transactions ahead of creditor repayments scheduled for tomorrow. Initial creditor repayments will prioritize customers with claims under $50,000. Share this article A wallet associated with the now-bankrupt crypto exchange FTX moved 0.3 Bitcoin, worth around $29,000, in three separate transactions early Monday, according to Arkham Intelligence data. The … Read more

FTX to begin Bahamas creditor repayments on February 18

Key Takeaways FTX will start repaying Bahamas-based creditors on February 18, beginning with claims under $50,000. Eligible creditors will receive 100% of their claim value plus 9% interest, processed by BitGo. Share this article FTX is set to begin repaying its creditors nearly three years after its collapse, marking a significant milestone in the aftermath … Read more

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