FTX’s Remarkable Bankruptcy Recovery: Creditors Set to Receive Full Payouts and More
full version at cryptoglobe
In a stunning turn of events, cryptocurrency exchange FTX, which collapsed in November 2022, has accumulated billions of dollars more than the amount needed to cover customer losses. This extraordinary development sets the stage for a rare outcome in U.S. bankruptcy proceedings, where creditors are poised to receive full recoveries plus interest. The FTX bankruptcy […]
