A creditor of FTX, identified as Sunil, has come forward to refute claims made by aixbt regarding the distribution of funds from the embattled cryptocurrency exchange. According to Sunil, aixbt falsely stated that FTX would begin distribution on January 3 and disburse $16 billion in cash within 60 days.
Correcting the Record: FTX’s Available Funds
Sunil clarified that FTX actually has $13 billion in cash, which may increase to approximately $14 billion by March. Furthermore, FTX has applied to withhold $6.5 billion, leaving only $6.5 billion to $7.5 billion available for the first distribution.
No Official Announcement from FTX
It is essential to note that FTX has not made any official announcements regarding the distribution of funds. The exchange’s creditors and stakeholders are advised to rely on verified information from credible sources to avoid misinformation.
Disclaimer
This article is intended to provide market information and does not constitute investment advice.
Source: Panewslab.com
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