🚀 FTX, the bankrupt crypto exchange, is feeling generous! They're proposing to return 98% of creditors at least 118% of their claims, while the rest get fully repaid plus billions in compensation. 💰 This is a U-turn from their previous plan, thanks to Bitcoin's near 200% rise since their bankruptcy in November 2022. The total value to be distributed to creditors? A cool $14.5 to $16.3 billion! But there's a catch: only creditors with claims below $50,000 are eligible for the 118% recovery. 🧐 What are your thoughts on this? Let's discuss below! #FTX #CryptoNews