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FTX (FTT) Initiates Repayment for Bankruptcy Victims Using Surplus Cash

May 8, 2024

An announcement has been made by FTX, the bankrupt crypto exchange, stating its intention to allocate surplus funds worth over $16 billion to repay its 2 million customers affected by the platform's collapse in November 2022. This strategic move aims to provide relief to both creditors and customers impacted by the bankruptcy. For more detailed information, visit COINOTAG.

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