#FTX
Tomorrow, FTX will start to pay compensation. A large amount of funds will start to flow into the market, which will greatly boost the liquidity of the market. The first distribution period is 60 days.
FTX Debtor CEO John J. Ray III said: "Over the past two years, our professional team has worked meticulously and efficiently to recover billions of dollars to reach today's level. The plan will take effect in January 2025 and begin distribution, which reflects the great success of the recovery work. We are ready to start distributing recovered funds to all customers and creditors, and encourage customers to complete the necessary steps to start receiving distributions in a timely manner."