FTX Crypto Investors Set to Receive Only 10-25% Following Company’s Bankruptcy

FTX Crypto Investors Set to Receive Only 10-25% Following Company’s Bankruptcy

FTX Creditors Angry Over New Payout Plan FTX creditors may potentially see a payout of only 10-25% of their crypto investments due to a US Department of Justice decision to allocate 18% of seized FTX assets into a Preferred Shareholder Remission Fund. The decision, which caps the fund at $230 million, has caused distress among … Read more