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News related to Crypto / Re: FTX has billions more than needed to repay bankruptcy victims
« on: May 09, 2024, 04:38:06 PM »
If this is the case, then creditors are expected to receive a 100% refund of their lost coins, the article states that ftx are going to make ~ 16.3 billion from the sale of their assets, meanwhile creditors are owed ~ 11 billion. They have not stated when refund would begin, but this must be good news for ftx's creditors, yes?