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FTX’s $1.6 Billion Payout Arrives as US Shutdown Looms—Relief for Crypto?
Yahoo Finance·2025-09-30 19:50

FTX lawsuit. Photo by BeInCrypto FTX is in the process of repaying 1.6billiontoitscreditorsastheexchangesrepaymentproceduresneartheirfinalstages.Whilethe1.6 billion to its creditors as the exchange's repayment procedures near their final stages. While the 1.6 billion is a modest sum, its timing could provide a key defense for the market against the negative impacts of a potential US government shutdown. 1.6BillioninLiquidityReturnstoCryptoInvestorsAccordingtoSunilKavuri,theheadofFTXslargestcreditorgroup,therepaymentwillallowsmallclaimantswithclaimsunder1.6 Billion in Liquidity Returns to Crypto Investors According to Sunil Kavuri, the head of FTX's largest creditor group, the repayment will allow small claimants with claims under 5 ...