đ Breaking News Flash! đ
Rumors are flying that FTX will start reimbursing creditors by Sept 30, 2024. Spoiler alert: it's fake news! The court hasn't approved the plan yet. đ§
The next hearing is set for Oct 7, 2024, with Judge John T. Dorsey presiding. If approved, small claims (<$50K) might see payouts by end of 2024, while larger claims could wait until mid-2025.
The debate? Cash vs. crypto reimbursements. Creditors want crypto, but FTX lawyers insist on cash to keep things legal.
Could this spark a market boom? Some experts think so! đč
What do you think? Drop your thoughts below! đ