FTX Recovery Trust Releases Another $2.2 Billion to Creditors

The latest distribution brings total recovered funds to about $10 billion, according to the source update.

Summary

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Terms & Concepts
  • Recovery Trust: A legal structure used to collect, manage, and distribute recovered assets to creditors after a bankruptcy or insolvency process.
  • Creditors: Individuals or entities owed money by a bankrupt company and eligible to receive repayments through court-supervised distributions.