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#bitcoin #crypto #sam bankman-fried #ftx #repayment #crypto news

FTX, once a giant in the crypto exchange world, has cleared a major hurdle in its bankruptcy proceedings. On Monday, a US bankruptcy court approved its plan to repay customers using up to $16.5 billion in recovered assets. The approval signals a win for the company’s efforts to right the wrongs that caused its collapse. […]

#ethereum #bitcoin #cryptocurrency exchange #btc #mt. gox #bitstamp #creditors #bitcoin cash #repayment #bch #crypto distribution

After a decade of waiting, Mt. Gox customers will find their crypto assets worth much more than when the exchange collapsed.