FTX is reborn! 🎉 As of January 3, 2025, the bankrupt crypto exchange FTX’s restructuring plan has been put into effect and users are starting to receive their refunds. But beware! FTX warns of scam emails. 🤔

1. Users must apply for a refund via FTX’s official platform. Deadline: March 3.

2. “Convenience Classes” are prioritized; requests for $50,000 or less will be paid quickly.

3. Criticism: Payouts are based on crypto value at the time of the bankruptcy. Bitcoin has risen by 400% since then!

Share your thoughts in the comments!#FTX#CryptoComesBack