The recent spike in $FTT price has grabbed a lot of attention, with speculation pointing to the possibility that FTX's bankruptcy estate may begin reimbursing creditors and customers soon, with September 30 being floated as a potential date. Currently, $FTT is trading around 2.315, reflecting an 8.2% increase in value.
Despite the buzz, a report from Cointelegraph clarified that this is still just a rumor. According to the latest update, the plan has not yet received approval from the U.S. judge overseeing the case, leaving the timing uncertain.
Although the market may be reacting to these unconfirmed reports, it’s crucial to stay informed. Be mindful of the risks and always rely on verified sources before making any decisions regarding your investments.
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