FTX will soon resume operations 🚨

Recent updates reveal FTX has repaid nearly all debts to customers.

Almost all customers of collapsed cryptocurrency exchange FTX will get their money back — and more, according to a court filing.

FTX estimates that it owes creditors around $11.2 billion. FTX said that it has between $14.5 billion and $16.3 billion to distribute to creditors.

Customers whose claims amount to $50,000 or less will receive approximately 118% of the amount of their allowed claim, the plan says.

Around 98% of creditors will receive this compensation.