News list for " first round of compensation"
The FTX restructuring plan will take effect on January 3, 2025, including a $16 billion cash distribution
According to data disclosed by HODL15 Capital, FTX will include $16 billion in cash in the first round of repayment distribution that will take effect on January 3, 2025. Previously reported, on December 17, FTX and its affiliated debtors announced that the court-approved Chapter 11 restructuring plan will officially take effect on January 3, 2025. The first round of distributions will be initiated within 60 days of the effective date, and will only be available to approved creditor holders in t...
2024-12-29 06:05:07
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