FTX Repayments May Have Positive Market Impact: Coinbase

FTX Repayments May Have Positive Market Impact: Coinbase


The FTX Recovery Trust will begin distributing over $5 billion in cash and stablecoins to creditors starting on Friday, with funds expected to land in accounts within the next three business days via BitGo and Kraken.

And there’s a chance this wave of repayments will help lift the crypto market, analysts at Coinbase wrote in a report on Friday.

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