Big news about FTX, a cryptocurrency company that went bankrupt! They're starting to give back money to people who lost it. It's happening in stages.
- FTX is paying back some of the money people lost.
- The next payment is on May 30th.
- This time, they're paying back everyone, even those who lost a lot of money.
- Some countries still haven't received any money yet.
- FTX also sold off a huge amount of Solana cryptocurrency to get money for repayments.
Fact | Number |
---|---|
Amount of Solana sold | $986 million |
Date of next payment | May 30 |
Approximate value of Solana sold | $1.5 billion (total planned) |