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coinpedia 2023-08-01 07:19:14

FTX 2.0 Will Pay Creditors in Cash, Eliminate FTT Token

The post FTX 2.0 Will Pay Creditors in Cash, Eliminate FTT Token appeared first on Coinpedia Fintech News Recently, FTX 2.0 Group announced their draft-creditor repayment plan to deal with creditor payments during bankruptcy reorganization. As part of the overhaul, the exchange will no longer issue its native cryptocurrency, the FTT token, and will instead pay out cash to customers who have legitimate claims. Is this move to rectify the company’s image? Let’s …

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