BUSINESSCOINTELEGRAPH
Ex-FTX users report funds being released in $900M distribution round
Former FTX users are receiving funds through a $900 million distribution to compensate for losses in 2022. Distribution agents have started releasing money to reimburse creditors.
Mentioned
Related Signal
Adjacent reporting
- FTX to distribute $900M to creditors in fifth payment round
- FTX to distribute roughly $900 million to creditors in fifth wave of payouts
- SpaceX Surge Could Be Worth Billions for FTX—Will Creditors Benefit?
- Appeals court upholds FTX co-founder Sam Bankman-Fried's fraud conviction
- FTX law firm Fenwick & West to pay $54M to victims in settlement
- FTX sold its Cursor stake for $200,000 in 2023. It would be worth $3 billion today