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Bankrupt exchange FTX set to repay $2.2 billion to creditors this month

FTX Recovery Trust announced Wednesday it will distribute roughly $2.2 billion to creditors on March 31 as part of its ongoing bankruptcy recovery process, with additional payments to preferred equity holders scheduled later this year. The payout marks the fourth distribution under FTX’s Chapter 11 reorganization plan and will go to creditors in both “Convenience”…

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