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FTX Bankruptcy: Timeline Revealed for Creditor Repayment

Apr 1, 2024

The timeline for repaying FTX creditors after almost two years of bankruptcy has been announced to be at the end of 2024. Creditors affected by the 2022 collapse may start receiving some of their assets by the end of this year.

In a recent statement, the FTX bankruptcy estate has outlined a potential schedule to begin repaying creditors by the end of 2024. This decision was reached during the initial meeting of FTX Digital's Joint Official Liquidators in the Bahamas. It's important to note that the FTX bankruptcy, which started in 2022, involves two distinct processes.

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