FTX, a cryptocurrency exchange, is notifying its creditors with claims under $50,000 via email. These creditors will no longer receive payments directly from FTX, but instead, their distributions will be paid through distributors Bitgo or Kraken. FTX has already credited the distributors with the initial distribution funds. However, creditors with claims under $50,000 still have about $345 million in uncompleted KYC certification.



Other News from Today