May 9, 2024, 5:23 AM
May 8, 2024, 12:00 AM

FTX bankruptcy plan offers hope for customers to reclaim their funds

Highlights
  • FTX cryptocurrency exchange customers may have the chance to recover their lost funds through a bankruptcy plan.
  • Customers with claims of $50,000 or less could receive 118% of their claim amount.
  • FTX's former CEO convicted of defrauding customers, investors, and lenders, leaving creditors owed $11.2 billion.

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