#FTX is set to begin its $16 billion repayment process in the fourth quarter of 2024. This move comes as part of the company's ongoing efforts to settle its debts following its bankruptcy. The repayments will be distributed across multiple groups, including retail investors and institutional clients, and will take place in phases. This significant cash injection into the accounts of crypto traders may lead to increased buying pressure in the market, potentially fueling a bull run in cryptocurrencies such as #Bitcoin and altcoins.
This development is viewed as a critical step in restoring trust in the crypto sector and could have a notable impact on market dynamics as these repayments flow back into digital assets
