FTX updated the payout schedule for creditors and clients: the final payout in January 2025, first payouts in March 2025.
- In December, negotiations with payment agents will begin.
- Not all creditors are satisfied with the restructuring plan.
- In October, FTX filed lawsuits against exchanges, including KuCoin and Crypto.com.
- Binance and Changpeng Zhao are also under scrutiny for $1.8 billion.
We are following the developments! 🚨