{"id":14377,"date":"2024-05-08T14:37:30","date_gmt":"2024-05-08T12:37:30","guid":{"rendered":"http:\/\/costops.com\/index.php\/2024\/05\/08\/bankrupt-crypto-exchange-ftx-says-it-will-be-able-to-repay-creditors-full-11bn\/"},"modified":"2024-05-08T14:37:30","modified_gmt":"2024-05-08T12:37:30","slug":"bankrupt-crypto-exchange-ftx-says-it-will-be-able-to-repay-creditors-full-11bn","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2024\/05\/08\/bankrupt-crypto-exchange-ftx-says-it-will-be-able-to-repay-creditors-full-11bn\/","title":{"rendered":"Bankrupt crypto exchange FTX says it will be able to repay creditors full $11bn"},"content":{"rendered":"

CEO confirms once company has sold off remaining assets it will have more than amount required<\/p>\n

The bankrupt cryptocurrency exchange FTX has said it will be able to repay creditors the full $11bn (\u00a38.8bn) it owes, as the boom-bust cycle repeats itself with a sharp increase in bitcoin prices.<\/p>\n

John Ray III, who succeeded the disgraced Sam Bankman-Fried as the chief executive of FTX shortly after its collapse, said that once the exchange had sold off its remaining assets, it might have more than $16bn \u2013 well in excess of its debts.<\/p>\n

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\nCEO confirms once company has sold off remaining assets it will have more than amount required
\nThe bankrupt cryptocurrency exchange FTX has said it will be able to repay creditors the full $11bn (\u00a38.8bn) it owes, as the boom-bust cycle repeats itself with a sharp increase in bitcoin prices.
\nJohn Ray III, who succeeded the disgraced Sam Bankman-Fried as the chief executive of FTX shortly after its collapse, said that once the exchange had sold off its remaining assets, it might have more than $16bn \u2013 well in excess of its debts. Continue reading…Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"

CEO confirms once company has sold off remaining assets it will have more than amount required The bankrupt cryptocurrency exchange FTX has said it will be able to repay creditors the full $11bn (\u00a38.8bn) it owes, as the boom-bust cycle repeats itself with a sharp increase in bitcoin prices. John Ray III, who succeeded the …<\/p>\n

Bankrupt crypto exchange FTX says it will be able to repay creditors full $11bn<\/span> Read More »<\/a><\/p>\n","protected":false},"author":0,"featured_media":14378,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/14377"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=14377"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/14377\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/14378"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=14377"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=14377"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=14377"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}