FTX's compensation will begin repaying $16 billion in debt to creditors on February 18, 2025, with the first phase repayment amount ranging from $6.5 billion to $7 billion. Some of the debts in the first phase have already been resold to some institutions. Even half of the amount, $3.25 billion to $3.5 billion, will be a very good buying power, remember it's in dollars, not coin.
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FTX's compensation will begin repaying $16 billion in debt to creditors on February 18, 2025, with the first phase repayment amount ranging from $6.5 billion to $7 billion. Some of the debts in the first phase have already been resold to some institutions. Even half of the amount, $3.25 billion to $3.5 billion, will be a very good buying power, remember it's in dollars, not coin.