It is estimated that FTX cryptocurrency holders will only recover between 10% and 25% of their lost assets.
📌Refunds based on historical prices, unfair?
Refunds will be calculated based on asset prices at the time of FTX's bankruptcy filing, which will hurt holders due to lower prices.
🤦🏼♂️Special fund for preferred shareholders
A special fund will compensate preferred shareholders, sparking frustration among creditors who feel they have been "cheated twice."
🏢Condena para Sam Bankman-Fried
FTX founder Sam Bankman-Fried has been sentenced to 25 years for his role in the $11 billion fraud.
Payment order
FTX and Alameda Research must pay $12.7 billion to fraud victims.
What does this mean to you?
If you are a cryptocurrency holder affected by the FTX bankruptcy, it is important to be aware of your rights and options.
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