FTX's Big Payback: Bankruptcy Repayments Begin for Crypto Customers
FTX has started repaying customers affected by its collapse, but they will only receive a fraction of their original cryptocurrency holdings. This marks a significant milestone in FTX's bankruptcy proceedings, offering relief to customers who lost access to their funds when the exchange fell apart. However, the repayment calculations, based on old cryptocurrency prices, and technical glitches are causing frustration among users.
Feb 20