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FTX creditors begin receiving $1.2 billion in payouts with interest on Kraken – TON BOT

FTX creditors begin receiving $1.2 billion in payouts with interest on Kraken

Creditors of bankrupt crypto exchange FTX are receiving initial payouts in their Kraken accounts. Claimants with approved amounts under $50,000 are getting full reimbursements plus 9% annual interest. Larger creditors will start receiving payments in the second quarter of 2025. FTX collapsed in 2022 due to financial mismanagement and fraud.


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