That's good news for FTX victims, they will be able to receive their funds, plus they will be receiving 112% of what they lose. I mean that's more than 2x of what they lost. That's good news for all investors and customers. I hope they will repay soon. What I am afraid is, that these customers of FTX will start to sell their profits as soon as they get their funds back and this might cause a dip or temporary downtrend in the market due to excessive selling.
I am amazed to see how FTX has gained that many billions just due to accumulating, I mean that's what the news said, they raised this much funds due to accumulating they have done till now. If they have done this accumulating for a long time, then why did they not make some statements before, like to calm down customers, or they did and I am unaware of that?
BTW will SBF be released now? I guess not, as it does not changes the situation he put the clients in, I guess his sentence might be reduced if he paid the funds back. Overall its a win win for the customers which sued SBF.