Football Index payments will resume after the platform changes its mind.

A company that had decided to discontinue paying payments to Football Index customers who lost money when the company filed for bankruptcy in March has changed its mind.
A judge authorized payments to BetIndex customers last month. BetIndex offered a service that allowed investors to wager on football players' success.
Administrators, however, announced on Monday that they would no longer collaborate with Index Labs on the fund distribution.

 

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BetIndex, initially set to cease payouts to Football Index users affected by the platform’s bankruptcy, has reversed its decision. A recent judicial ruling approved distributions to customers of the service, which allowed betting on football players' performance. However, BetIndex’s administrators announced they would discontinue coordination with Index Labs for fund distribution, impacting the process moving forward.