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Best Meme Coins to Buy as FTX Announces Next Repayment Distribution Date.
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The FTX crypto exchange going down will forever be remembered as a dark day in crypto. But props to the company for finally starting to repay creditors. It went through with its first round of repayments on February 18, where it paid out the ‘Convenience Class,’ i.e., investors who lost up to $50K.
The next FTX repayment distribution will happen on May 30. In addition to the company’s trading partners and vendors, this round will address investors who had assets on the exchange when it went under.
It’s worth noting, however, that in order to qualify for this round of distribution, FTX creditors must verify their claims by April 11.