Collapsed Crypto Exchange FTX Begins Repaying Billions to Customers 🔄
The collapsed cryptocurrency exchange, FTX, has started the process of reimbursing its small claims customers, marking the beginning stages of its bankruptcy resolution. The estate is disbursing $1.2 billion in this initial round of repayments, aiming to address its outstanding obligations.
This step represents a significant move in the efforts to rectify the financial damages incurred by its clientele and stakeholders following the exchange's downfall.
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