FTX plans to distribute $1.2B to creditors, reinvesting in cryptocurrencies due to promising growth.

From Cointelegraph

January 13, 2025 04:37 AM:

FTX repayments are expected to be reinvested in cryptocurrencies due to the promising growth potential of the crypto market for 2025. Industry insiders believe this trend will continue as more investors see the value in digital assets.

Read more at Cointelegraph: FTX to begin distributing $1.2B to creditors after Trump inauguration