Update: A court filing has confirmed that the company now has more than enough money to repay customers. In recognition of the lost gains, creditors owed $50k or less will receive around 118% of their deposit value at the time of the Chapter 11 filing.
In a surprise development, bankruptcy lawyers say that FTX customers – once considered to have lost almost everything – are now expected to get their money back in full from the remains of the cryptocurrency company …
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