🇧🇸 FTX to Begin Payments and Could Push Bitcoin to a New High

Morgan Ellis

🇧🇸 FTX to Begin Payments and Could Push Bitcoin to a New High

🔺 FTX, the cryptocurrency exchange that filed for bankruptcy in 2022 after a multi-billion-dollar collapse, will start reimbursing its customers in February. According to leaked emails, the first payments are scheduled for February 18. 🗓

💰 FTX to Repay $12.7 Billion

⏩ This amount represents a significant liquidity injection into the cryptocurrency market.

⏩ While some users may withdraw funds to bank accounts, others could buy back Bitcoin and other cryptocurrencies, potentially driving demand and boosting BTC prices.

#Cryptocurrency #Bitcoin #FTX #Markets #Investments

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