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Author Topic: FTX to Start $18 Billion Repayment Process Tomorrow 18th February  (Read 1564 times)

Offline Gurujebs

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Re: FTX to Start $18 Billion Repayment Process Tomorrow 18th February
« Reply #30 on: February 24, 2025, 07:57:52 PM »
All those who were involved in the FTX collapsed are to be paid in USDT irrespective of any asset you had during or before the collapse they would get paid back with stablecoin. They payback started on 18th thought I don't know how many people that has received their payback, but since they have publicly announced it I believe they wouldn't play any prank towards it.

In the end, the exchange will win because they have more than what was lost on the exchange 3 years ago when the exchange collapse, thanks to this bull run now. I believe after distribution they will sell more to have more liquidity to settle other cases but this settlement process doesn't favour the affected users at all, feel robbed but better than seeing nothing at all.

I'm wondering what is going to happen next with SBF after this distribution, I saw some articles where he was saying the exchange was liquid and there wasn't scam as many people thought, they will definitely push for his release from prison after this settlement.
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Re: FTX to Start $18 Billion Repayment Process Tomorrow 18th February
« Reply #30 on: February 24, 2025, 07:57:52 PM »

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