Big news about FTX, a company that traded cryptocurrency! FTX went bankrupt, and now it's trying to give back money to people who lost it. It's a long process, and not everyone will get their money right away.
- FTX started giving back money to some people who lost less than $50,000.
- Some countries can't get money back from FTX yet.
- More payments are planned for May, but people need to do paperwork by April.
- The former head of FTX, SBF, is trying to get a pardon from the US President.
Fact | Details |
---|---|
First payment | Up to $50,000 + 9% interest |
Next Payment Date | May 30th |
Claim deadline | April 11th |