As FTX prepares to begin repaying its creditors nearly three years after its dramatic collapse, industry leaders are reflecting on the significant lessons learned. FTX, once a towering presence in the cryptocurrency market, is set to start its first wave of reimbursements on February 18, 2025, focusing on claims under $50,000. This milestone offers some relief to those impacted by the collapse, but it also serves as a reminder of the devastation caused by one of crypto’s most notorious bankruptcies.
During a recent press conference, David Sacks, the “Crypto Czar,” addressed the future of digital assets and the importance of fostering innovation within the U.S. He stressed the need to