ChainCatcher news, creditors of the bankrupt cryptocurrency exchange FTX will receive over $12 billion in payments over the next few months according to a court-approved payment plan, increasing the possibility that some cash may be reinvested into digital assets. According to information released by FTX, the group has recovered between $14.7 billion and $16.5 billion, while the total claims from creditors amount to $11.2 billion.Benjamin Celermajer, Co-Chief Investment Officer of Magnet Capital, stated that the anticipated FTX repayments "are essentially providing liquidity to known cryptocurrency traders. It is very likely that we will see some funds flow back into the crypto market, providing a potential price catalyst for a market that is lacking liquidity." It is worth noting that repayments will not happen immediately; FTX must first establish a trust and hire a company to oversee the fund distribution process.

ChainCatcher news, according to The Block, V Ventures now only wants to repay 10% to 20% of the debts to the creditors of the Southeast Asian cryptocurrency exchange Zipmex, having previously promised to provide 100% of the funds for user fund repayment. Zipmex lawyer Morgan Lewis Stamford stated, "The subscriber is now only prepared to consider making concessions to the planned creditors, allowing for 10% to 20% repayment of the existing debts of the creditors."ChainCatcher previously reported that V Ventures acquired 90% of Zipmex for approximately $100 million in digital assets and cash, which includes $30 million in cash, with the remainder in cryptocurrency. (The Block)