(Bloomberg) -- Cryptocurrency exchange FTX has amassed billions of dollars more than it needs to cover what customers lost in its November 2022 collapse, setting them up to receive full recoveries ...
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 ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Nearly all account holders of the bankrupt cryptocurrency exchange FTX are in line to receive cash worth ...