The news of FTX's upcoming repayment is a huge positive for the crypto market. FTX will begin repaying $16 billion to creditors starting January 3rd, and during this process, you will need to fill out a registration form; if you don’t register within six months, you won’t be compensated later!
FTX's repayments will not start on January 3rd. The first batch of repayments is expected to wait until February to March 2025, and it will only target 'convenience category' creditors, totaling $1.2 billion. For creditors with claims exceeding $50,000, a total of $10.5 billion will be paid later.
This is also a positive for the crypto space, at least for now, as liquidity has somewhat increased! You may want to pay attention to the bankrupt segments: FTT, LUNA, LUNC, USTC!