<ul><li>Kraken announced its intention to start divvying up pay-outs to creditors of FTX.</li><li>FTX declared itself bankrupt in November 2022 after complaints about mismanagement of funds and fraud emerged.</li><li>Kraken is ready to make the launch of initial distributions to FTX’s creditors as per the court-approved bankruptcy plan.</li><li>The payment process of Kraken highlights the need for trust, transparency, and accountability in the cryptocurrency industry.</li></ul>

Kraken Begins FTX Payouts as Creditors Await Resolution FTX & Kraken

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