FTX customers to get their money back in full (with asterisk) [U]

9to5Mac
By Ben LovejoyMay 8, 2024, 9:26 am259 pts
Update: A court filing has confirmed that the company now has more than enough money to repay customers. In recognition of the lost gains, creditors owed $50k or less will receive around 118% of their deposit value at the time of the Chapter 11 filing. In a surprise development, bankruptcy lawyers say that FTX…

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