PANews reported on February 19 that according to Bitcoin News, Kraken has completed the first fund distribution of FTX estate, paying compensation to more than 46,000 creditors.
According to previous news, FTX will start repaying creditors from February 18, 2025 , and the first phase of repayment will repay US$6.5 billion to US$7 billion .
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Bybit suffered a security incident, and funds worth $1.44 billion were withdrawn. A North Korean hacker group was accused of being the perpetrator.
