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FTX to begin distributing 1.2 billion USD to creditors after Trump inauguration

FTX is preparing to distribute over 1.2 billion USD to creditors after the inauguration of President-elect Donald Trump. Creditors owed up to 50,000 USD must meet eligibility requirements by January 20 for their repayments.

The upcoming repayments could influence the crypto markets, with speculations on Bitcoin reaching 200,000 USD by 2025. Industry experts anticipate mixed reactions from users, as some may reinvest their repayments into the crypto market.

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