FTX Cryptocurrency Exchange Surpasses Expectations After Collapse: Customers Set to Receive Full Recoveries and Interest
Wilmington, Delaware – Amidst a landscape where creditors typically only receive a fraction of what they are owed in bankruptcy cases, the cryptocurrency exchange FTX is on track to achieve the extraordinary feat of fully repaying its customers and other non-governmental creditors after its collapse in November 2022. The company, once led by Sam Bankman-Fried, a major figure in the world of cryptocurrencies, has managed to raise billions of dollars more than the $11 billion …