In a significant development, the insolvent crypto exchange FTX made a bold move by unveiling its plan to reimburse all creditors and customers with added interest. This progressive step was revealed in the latest distribution plan released by the exchange, sparking a range of reactions within the crypto industry. While some commended FTX for taking responsibility and seeking to address the consequences of its collapse, others raised valid concerns. Creditors, in particular, expressed discontent over the lack of clarity surrounding the distribution process and expressed fears of possible delays in receiving their payments. This situation underscores the importance of transparency and efficient communication in handling such matters within the crypto and NFT space.
