Monday 12 June 2023

Metropolitan Museum of Art to Return $550,000 in Donations from Collapsed Crypto Exchange FTX

The Metropolitan Museum of Art has made an important announcement regarding the return of $ 550,000 in donations it received from the currently inoperative crypto exchange FTX . The New York based Museum has confirmed its intention to repay the funds to FTX debtors following sincere and impartial negotiations as it is stated in a filing to the United States Bankruptcy Court in Delaware on June 2nd .

Met Museum’s Commitment to Repay FTX Debtors

After engaging in good faith discussions the Met Museum has expressed its desire to return the donations to the FTX debtors . The decision highlights the museum’s dedication to acting in the best interest of all parties that are involved and ensure transparency throughout the process .

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