ETH holders in FTX stand to gain $2.5k as repayments start Feb. 18

Traders who own Ethereum in their FTX holdings stand to gain back $2,500 as FTX repayments for its Bahamas creditors start this month. The FTX repayment plan, scheduled to start on Feb. 18, will repay creditors’ claims in full, including interests, through BitGo. However, customers will not be able to gain additional profit from current […]

FTX Bahamas repayments to start on Feb. 18

FTX has confirmed its readiness to begin repayments for Bahamas creditors this month, ahead of larger disbursements expected in Q1 2025. FTX Bahamas will start creditor repayments on Feb. 18 via BitGo, one of its distribution partners selected during bankruptcy restructuring hearings. Sunil Kavuri, a spokesperson for the largest FTX creditor group noted that individual […]