#FTXrepayment FTX repayment means that the bankrupt crypto exchange FTX is beginning the process of returning money to its customers and creditors. FTX collapsed in November 2022, when its founder Sam Bankman-Fried was accused of misusing customer funds and the company filed for Chapter 11 bankruptcy. Following this, FTX's new team, led by John J. Ray III, planned to recover and return the lost funds.