FTX-Bankruptcy Timeline
FTX-Bankruptcy Timeline
FILE - FTX founder Sam Bankman-Fried leaves Manhattan federal court, June 15, 2023, in New York. FTX says that nearly all of its customers will receive the money back that they are owed, two years after the cryptocurrency exchange imploded, and some will get more than that. FTX said in a court filing late Tuesday, May 7, 2024, that it owes about $11.2 billion to its creditors. The exchange estimates that it has between $14.5 billion and $16.3 billion to distribute to them. (AP Photo/Bebeto Matthews, File)
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FTX-Bankruptcy Timeline
FILE - In this photo taken with a drone, the FTX logo is seen on the roof of the FTX Arena, where the Miami Heat NBA basketball team play, Wednesday, Dec. 7, 2022, in downtown Miami. FTX says that nearly all of its customers will receive the money back that they are owed, two years after the cryptocurrency exchange imploded, and some will get more than that. FTX said in a court filing late Tuesday, May 7, 2024, that it owes about $11.2 billion to its creditors. The exchange estimates that it has between $14.5 billion and $16.3 billion to distribute to them. (AP Photo/Rebecca Blackwell, File)
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FILE - FTX founder Sam Bankman-Fried leaves Manhattan federal court, June 15, 2023, in New York. FTX says that nearly all of its customers will receive the money back that they are owed, two years after the cryptocurrency exchange imploded, and some will get more than that. FTX said in a court filing late Tuesday, May 7, 2024, that it owes about $11.2 billion to its creditors. The exchange estimates that it has between $14.5 billion and $16.3 billion to distribute to them. (AP Photo/Bebeto Matthews, File)