The post FTX to distribute $1.6B to creditors on September 30 appeared on BitcoinEthereumNews.com. Key Takeaways FTX will distribute $1.6 billion to creditors on September 30, 2025. This payment is part of ongoing bankruptcy proceedings after FTX’s collapse in November 2022. FTX, the cryptocurrency exchange that collapsed in November 2022, will distribute $1.6 billion to creditors on September 30. The payment represents part of ongoing bankruptcy proceedings following FTX’s failure amid fraud allegations against founder Sam Bankman-Fried. The exchange’s collapse left over $8 billion in customer funds initially unaccounted for. Source: https://cryptobriefing.com/ftx-distribute-1-6b-creditors-september-2024/The post FTX to distribute $1.6B to creditors on September 30 appeared on BitcoinEthereumNews.com. Key Takeaways FTX will distribute $1.6 billion to creditors on September 30, 2025. This payment is part of ongoing bankruptcy proceedings after FTX’s collapse in November 2022. FTX, the cryptocurrency exchange that collapsed in November 2022, will distribute $1.6 billion to creditors on September 30. The payment represents part of ongoing bankruptcy proceedings following FTX’s failure amid fraud allegations against founder Sam Bankman-Fried. The exchange’s collapse left over $8 billion in customer funds initially unaccounted for. Source: https://cryptobriefing.com/ftx-distribute-1-6b-creditors-september-2024/