{"id":3180,"date":"2024-11-23T08:01:54","date_gmt":"2024-11-23T08:01:54","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=3180"},"modified":"2024-11-23T08:01:54","modified_gmt":"2024-11-23T08:01:54","slug":"bankrupt-crypto-exchange-ftx-to-commence-payments-to-customers-creditors-in-early-2025","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=3180","title":{"rendered":"Bankrupt Crypto Exchange FTX To Commence Payments To Customers, Creditors In Early 2025"},"content":{"rendered":"<div>\n<p>Bankrupt cryptocurrency exchange\u00a0<strong>FTX<\/strong> has announced plans to begin distributing payments to creditors and customers in early 2025. This follows the approval of its\u00a0Chapter 11 Plan of Reorganization, which is expected to become effective by January.<\/p>\n<p><strong>What Happened<\/strong>:\u00a0<strong>John Jay Ray III<\/strong>, the CEO of FTX, announced that the company anticipates its\u00a0Chapter 11 Plan of Reorganization\u00a0will be effective by January 2025.<\/p>\n<p>Ray expressed satisfaction with the progress, stating, \u201cWe\u00a0are pleased to announce that\u00a0we will begin distributing proceeds\u00a0in early 2025.\u201d<\/p>\n<p>He emphasized the expertise and ongoing efforts of the professional team supporting the debtors, who have already recovered billions for FTX\u2019s creditors and customers.<\/p>\n<p><strong>See Also:\u00a0<a href=\"https:\/\/www.benzinga.com\/general\/education\/24\/11\/42098422\/heres-how-much-100-invested-in-cardano-today-could-be-worth-if-ada-hits-new-all-time-highs?itm_source=parsely-api\" target=\"_blank\" rel=\"noreferrer noopener\">Here\u2019s How &#8230;<\/a><\/strong><\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/11\/42151412\/bankrupt-crypto-exchange-ftx-to-commence-payments-to-customers-creditors-in-early-2025\" alt=\"Bankrupt\" crypto exchange ftx to commence payments customers creditors in early>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bankrupt cryptocurrency exchange\u00a0FTX has announced plans to begin distributing payments to creditors and customers in early 2025. This follows the approval of its\u00a0Chapter 11 Plan of Reorganization, which is expected to become effective by January. What Happened:\u00a0John Jay Ray III, the CEO of FTX, announced that the company anticipates its\u00a0Chapter 11 Plan of Reorganization\u00a0will be [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-3180","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/3180","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3180"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/3180\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3180"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3180"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3180"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}