FTX has announced plans to compensate its former customers with about 118% of the owed amounts, a significant increase from the previously estimated 90%. This comes after FTX successfully recovered funds misappropriated by the former management, some of which appreciated in value significantly. Payments are expected to commence within 60 days post-approval of their plan, potentially starting next quarter. This restitution effort is part of FTX's broader restructuring under new management.

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