News with the tag "ftx repayments"

FTX’s $1.2 billion repayment is seen as a significant liquidity event for the industry that may bolster cryptocurrency valuations.

A significant portion of FTX repayments will likely be reinvested into cryptocurrencies, thanks to the promising growth prospect of the crypto market for 2025, industry insiders told Cointelegraph.

Rumors are swirling through the cryptocurrency community regarding the commencement of FTX’s long-awaited $16 billion repayment plan to creditors, a move that has garnered both excitement and skepticism. As the defunct exchange, once led by the now-convicted Sam Bankman-Fried, prepares to initiate t...

This decision has left many FTX creditors outraged, as they hoped for compensation closer to current cryptocurrency prices. The post FTX Creditors Receiving Only 10-25% of Lost Crypto, Outrage Among Victims appeared first on TheCoinrise.com .

FTX lawyers stressed that in-kind crypto payouts would clash with bankruptcy laws but several creditors feel shortchanged by the proposed cash repayments plan.

“Not all creditor repayments are bearish,” said K33’s analysts, noting FTX's cash payouts versus the crypto repayments from Gemini and Mt. Gox.