Crypto News: FTX Is Releasing $2.2 Billion to Creditors — Here's What It Could Mean for Bitcoin and XRP

Crypto News: FTX Is Releasing $2.2 Billion to Creditors — Here's What It Could Mean for Bitcoin and XRP

Quick Read The FTX Recovery Trust is distributing $2.2 billion to creditors on March 31, but all payments are in USD valued at November 2022 prices. Previous FTX payouts that happened during fearful markets saw the weakest reinvestment rates, and the current Fear & Greed Index reading of 8 is one of the lowest since the FTX collapse itself. Are you ahead, or behind on retirement? SmartAsset's free tool can match you with a financial advisor i…