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by: xpoolPosted on: June 1, 2025

Kraken and BitGo Facilitate $5 Billion FTX Creditor Repayment

FTX is taking a significant step towards recovering after its bankruptcy, initiating the repayment of $5 billion to creditors in a process facilitated by Kraken and BitGo. This major milestone marks a crucial phase in the process, impacting market stability as liquidity flows back into the cryptocurrency sector.

Related posts:

  1. Backpack Exchange Launches Asset Recovery Process for Former FTX EU Customers
  2. Crypto Market Plunges: Analyzing Potential Recovery
  3. Internet Computer & Injective Show Signs of Rebound After Q1 Correction
  4. FTX Commences $5 Billion Creditor Repayment: Second Major Distribution Approaching
Cryptocurrency FTX Bankruptcy Recovery

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