FTX Creditors Could Receive Up to 142% of Claims in $16.3B Payout Plan
As a crypto investor who had some exposure to FTX when it filed for bankruptcy in 2022, I can’t help but feel a mix of relief and caution upon hearing about the potential payouts for creditors. The estimated $14.5-$16.3 billion distribution pool, along with the proposed quick repayment approach for smaller creditors, is certainly promising. … Read more