đ **FTX Reimbursement Rumors Debunked!**
- Social media buzz about FTX distributing funds on Sept 30, 2024? False alarm! No court approval yet.
- Next court date: Oct 7, 2024. Judge John T. Dorsey will decide the fate of the restructuring plan.
- Small claims (<$50K) might see cash by end of 2024. Larger claims? Hold tight till 2025.
- Creditors led by Sunil Kavuri want in-kind assets, not cash. Lawyers say, "Cash only!"
- Market whisper: FTX payout could inject $5-8B, potentially boosting crypto prices. đ
Stay tuned for more twists and turns!