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FTX’s $1.2...
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FTX’s $1.2B Crypto Repayments Start Soon, but Here’s Why It’s Unfair

  • FTX is set to repay over $1.2 billion to users, starting after January 20th.
  • Creditors must complete pre-distribution steps like tax forms and KYC verification to receive payments.
  • Repayment calculations based on pre-bankruptcy crypto prices, drawing criticism due to significant price increases since then.
  • The repayments are expected to impact the crypto market and bring about changes in terms of investments and market stability.

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