FTX Creditors Likely To Be Paid up to 140% the Value of Their Original Claims: Report

FTX’s bankruptcy estate is primed to pay its creditors more than the value of their original claims, according to the Financial Times. Citing two people “with knowledge of the restructuring negotiations,” FT reports that the imploded crypto exchange will likely pay its former customers 120-140% of the value of their holdings on the day FTX […] source: https://dailyhodl.com/2024/03/27/ftx-creditors-likely-to-be-paid-up-to-140-the-value-of-their-original-claims-report/