
The third wave of payments will occur on September 30.
As creditors prepare for long-awaited repayments, the FTX data breach has intensified phishing scams. FTX creditor Sunil Kavuri sent an alert on X about the potential data breach, warning that scammers were sending phishing emails to creditors.
21:00-7:00 Keywords: FTX repayment, USDT, David Sacks 1. US stocks closed: the three major stock indexes closed up, and the Chinese index rose more than 2%; The probability that the Federal Reserve will keep interest rates unchanged in March is 84.5%. 3. TetherTreasury cast 1 billion USDT in the wave network; 4. Morgan Stanley: No longer expects the Federal Reserve to cut interest rates in March, but expects a rate cut in June. 5. FTX's first repayment will commence on February 18, 2025. 6. Cryp...
FTX creditors disclosed on behalf of Sunil on X that it has determined that FTX repayments will begin at 10:00 a.m. ET on February 18, 2025, and will be paid to creditors with claims of less than $50,000. The repayment distribution amount will include 100% of the awarded claim value (capped at $50,000), as well as an additional amount of compensation from the awarded claim value from the reference date of November 11, 2022 to 9.0% annual interest after the initial distribution date.
FTX creditor Sunil disclosed the "FTX Repayment Plan Initial Distribution Schedule" at X: creditors with claims under $50,000 are expected to receive a total of about $1.20 billion; FTX requires creditors to complete the pre-distribution requirement (claim registration) by January 20 to ensure that they can participate in the initial distribution. Repayments are not expected to begin before this date; Initial repayments are expected to begin on February 25 and may continue until March 4. This sc...
1. Minister of Housing and Urban-Rural Development Ni Hong: Speed up the bankruptcy reorganization or liquidation of capital-bonded real estate projects, and effectively safeguard the legitimate rights and interests of home buyers. 2. Vice Minister of Natural Resources Liu Guohong: The use of special project bonds for land reserves will give priority to residential and commercial land that enterprises cannot develop, are unwilling to develop, and have not yet started construction. 3. Assistant M...
According to the official announcement of Mt. Gox, following multiple repayments in July 2024, according to the compensation plan, some creditors have been repaid in the form of BTC and Bitcoin Cash through some designated cryptocurrency exchanges on August 21, 2024. As of now, Mt. Gox has repaid more than 19,000 creditors.