A quick summary of FTX’s plans:

- Customers with less than $50,000 in accounts will receive 118% repayment within 60 days of plan confirmation

(roughly Q1 2025), which represents 96% of total customers.

- Customers with more than $50,000 in accounts will receive 118%-145% repayment over time through post-litigation interest and sharing of government fines.

- Customers holding NFTs will get their NFTs back.

- Claims allowed by BlockFi will receive approximately 50% repayment, which is less than the average customer.

- Government claims come after customers and receive very little—most of the value goes to customers (as it should).

- Preferred stock and FTT token holders will receive nothing.

- Finally, the debtor has waived customer priority.