Friday, 22 March, 2024

FTX Anticipates Reduction in Bankruptcy Claim to $3 Billion to $5 Billion: Report

According to reports, FTX, a leading cryptocurrency exchange, expects a significant reduction in its bankruptcy claim to a range between $3 billion and $5 billion. This development comes amidst ongoing legal proceedings and negotiations. The potential decrease in the claim could have implications for the resolution of FTX's bankruptcy case and its financial position in the cryptocurrency market.