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by: xpoolPosted on: March 29, 2025

FTX Starts Major Repayments Amidst Bitcoin Market Uncertainty

On March 29, 2025, FTX announced its repayment plan for creditors, beginning May 30th. This move follows a significant drop in the value of Bitcoin claims on the platform, currently valued at only 20% of their market price, raising concerns about recovery rates and broader market sentiment.

Related posts:

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  2. Bitcoin Drops Below $90,000 after 6.7% Slump
  3. Bitcoin Price Plummets: Drops Below $91,000 USD after 5.59% Overnight Decline
  4. Rezolve Ai Launches $1 Billion Bitcoin Vault to Fuel AI-Powered Crypto Payments
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