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Financemagnates

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FTX to Distribute Funds to Investors Through Kraken and BitGo, Process to Start in January

  • Cryptocurrency exchange FTX will start distributing funds to investors through partner crypto firms Kraken and BitGo.
  • FTX's court-approved Plan of Reorganization will become effective on January 3, 2025.
  • The first wave of distributions is expected within 60 days of the effective date.
  • FTX has chosen Kraken and BitGo as distribution partners to ensure security and trust in the process.

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