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FTX will begin repaying creditor claims over $50,000 starting May 30, using its $11.4bn cash stockpile.
However, crypto claims are valued based on prices from November 11, 2022, meaning creditors will receive only about 20% of Bitcoin’s current market value, despite its 5x price increase since then.
#BSCTradingTips
#FXT #Erinacrypto
However, crypto claims are valued based on prices from November 11, 2022, meaning creditors will receive only about 20% of Bitcoin’s current market value, despite its 5x price increase since then.
#BSCTradingTips
#FXT #Erinacrypto
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