The Institution Donated by FTX, the Sunken Bitcoin Exchange, Will Return the Money to the Users!

The once leading cryptocurrency from the stock markets FTXWith its collapse in November 2022, it had a great impact in the market.

FTX, which filed for bankruptcy in November 2022, has been in the bankruptcy process ever since.

CoindeskFTX, which went bankrupt, requested the return of the funds it had sent before its collapse in November.

In this context, FTX was launched shortly before the crash in November. New York-based Metropolitan Museum of Art He asked for his donation back from the museum.

According to the court filing, the Metropolitan Museum of Art has agreed to return $550,000 in donations from FTX.

In the document submitted to the court file, the Museum of Art said:

“Museum of Art agrees to refund donations made by FTX, but wants to return these donations to FTX borrowers.

The FTX Borrowers and the Museum of Art have negotiated in good faith their peers regarding the return.”

If the refund agreement between FTX debtors and the Museum of Art is approved, the Museum of Art will refund the $550,000 donation made to it by FTX.

According to the documents in the dossier, donations to the Museum of Art focused on serving US customers. FTX.USoperating the West Realm Shires Services It was done by.

In March 2022, West Realm Shires Services initially donated $300,000 to the Museum of Art. A second donation of $250,000 was then made in May.