[2025-09-20] The latest IT, economic, blockchain and coin news
Here are the latest IT, economic, blockchain, and coin news that caught our eyes today. Follow us now for the latest curated news!
2025-09-20 | Curator: CryptoTerminal
FTX to Dispense $1.6 Billion in Bankruptcy Repayments This Month
Creditors of collapsed crypto exchange FTX will receive $1.6 billion at the end of this month in a third distribution to make clients whole, the FTX Recovery Trust announced on Friday. Four groups of creditors will receive the funds on September 30, with distributions ranging between 78% and 120% of the value of their FTX holdings when the exchange collapsed in November 2022, according to a press release from the Trust, which is overseeing assets and claims from the exchange's bankruptcy estate...