FTX will pay another $2.2 billion to creditors this month.
FTX Recovery Trust will distribute about $2.2 billion to creditors on March 31 in its fourth payout under the exchange’s Chapter 11 plan. The latest payout lifts recovery rates so that many customer claim classes reach 100 percent, while Class 7 is set to receive a cumulative 120 percent. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."
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This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Victor Chen.
