Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto, the FTX Recovery Trust will release $1.6B to creditors in a September payout, the European Union is set to include crypto platforms in its latest sanctions against Russia, and the first US Dogecoin and XRP ETFs have far outpaced analyst expectations.
The FTX Recovery Trust, the entity overseeing the distribution of funds from the bankrupt crypto exchange, announced a third tranche of distributions to creditors, worth about $1.6 billion.
According to a Friday announcement, the distribution is scheduled for Sept. 30, and creditors should receive the funds in their accounts within three business days of the payment date.
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