FTX Refunds Resuming: Relief for Big Creditors as Repayments Begin

After months of uncertainty, FTX creditors will finally begin receiving compensation starting May 30, 2025. The bankrupt crypto exchange announced the resumption of repayments, bringing much-needed relief to thousands who suffered losses following its collapse in 2022. 11.4 billion dollars collected through a restructuring plan will be used to reimburse creditors who have claims exceeding $50,000.