FTX to Distribute $1.6 Billion to Creditors on September 30, 2025

1 min read
Source: AMBCrypto
FTX to Distribute $1.6 Billion to Creditors on September 30, 2025
Photo: AMBCrypto
TL;DR Summary

FTX is set to distribute $1.6 billion to creditors on September 30th, slightly less than initially promised, which could potentially boost altcoin markets amid high optimism, although the impact depends on how much funds re-enter the crypto space. Meanwhile, Sam Bankman-Fried plans to appeal his conviction, adding to the ongoing developments in the crypto world.

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