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Court Approves $1.9B Reserve Release, Enabling Next FTX Distribution

source-logo  coingape.com  + 7 more 23 July 2025 22:58, UTC

FTX has secured court approval to reduce its disputed claims reserve by $1.9 billion, This move will release significant funds for the next round of customer and creditor distributions. The reserve cut, approved by the Delaware bankruptcy court, reduces the total claims reserve from $6.5 billion to $4.3 billion.

coingape.com

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