🚀 FTX creditors, rejoice! Starting January 3, 2025, those affected by the 2022 crash will begin receiving payouts through Kraken and BitGo, with stablecoin options available. Approved by Judge Dorsey, 98% of creditors are set to receive 118% of their claims, despite some criticism over cash repayments.

FTX's recovery efforts, led by CEO John J. Ray III, have amassed $16 billion in assets. With Sam Bankman-Fried sentenced to 25 years, the crypto exchange is rebuilding.

💬 What are your thoughts on this recovery plan? Share below!