The false news of the restart of #ftx caused the price of FTT to break through 3 US dollars, rising to a maximum of 3.43 US dollars, and it is unknown how many investors have been trapped.
The latest news from FTX shows that creditors of the bankrupt cryptocurrency exchange FTX will receive more than 12 billion US dollars in the coming months under a payment plan approved by the court, which may lead to some cash being reinvested in digital assets. FTX revealed that the group has recovered between 14.7 billion and 16.5 billion US dollars, while creditors claimed 11.2 billion US dollars. Benjamin Celermajer, co-chief investment officer of Magnet Capital, said that the expected FTX repayment "is actually providing liquidity for known cryptocurrency traders, which may lead to some funds flowing back to the crypto market, thereby providing a price catalyst for the illiquid market." It is worth noting that the repayment will not be carried out immediately. FTX needs to first set up a trust and hire a company to oversee the fund allocation process.