Express

FTX to Execute Next Round of Compensation on September 30, Releasing $1.9 Billion in Disputed Credit Reserve

Summary: According to reports, FTX has announced that the next round of compensation registration date is set for August 15, with execution expected to begin on September 30. This round of compensation is aimed at approved Class V customer claims, Class VI general unsecured claims, and convenience claims newly approved since the last compensation.

According to reports, FTX has announced that the next round of compensation registration date is set for August 15, with execution expected to begin on September 30. This round of compensation is aimed at approved Class V customer claims, Class VI general unsecured claims, and convenience claims newly approved since the last compensation.

Last Update:

Tags:
Link: FTX to Execute Next Round of Compensation on September 30, Releasing $1.9 Billion in Disputed Credit Reserve   [Copy]
  • Figma's IPO Triumph and Crypto Bet: How a Design Disruptor Stunned Wall Street After a ... 3 days ago
  • When Stablecoins Tear Down Banks’ Interest Margin Moats — A Third Look at the U.S. “Ge... 4 days ago
  • Twitter Space Highlight: Is Altcoin Season Coming? Unpacking BTC, Institutions & RWA 6 days ago
  • BTC Weekly: Momentum Top Divergence Signals Potential Shift Lower 6 days ago
  • The GENIUS Act & Stablecoin Regulation: BRG's Dominic Zagara on Crypto's Defining ... 9 days ago
  • You need to login to comment.