FTX Payments to Begin: Bullish Signal for the Market?

Quick Summary:

There are unconfirmed reports that FTX, the bankrupt crypto exchange, will start paying its creditors in October.

From widespread expectations, the repayment plan could be approved when FTX’s proposed restructuring program gets the nod from the court on October 7.

FTX may start repaying creditors in October.

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Article Details

Author / Journalist: Ikemefula Aruogu

Category: Crypto

Markets: India

Topics: FTX News News

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-29 @ 17:45:00 (11 hours ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 162 words

Reading Time: 1 minutes read

Sentences: 48 lines

Sentence Length: 4 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinedition

News ID: 22775468

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About Coinedition

Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 4 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 14 hours ago

Coverage Areas: India

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #124

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