Collapsed Cryptocurrency Exchange FTX has Announced Plans to Repay its Customers
Former FTX Chief Executive Sam Bankman-Fried, - EUTERS/David Dee Delgado

Collapsed Cryptocurrency Exchange FTX has Announced Plans to Repay its Customers

In a surprising turn of events, collapsed cryptocurrency exchange FTX has announced plans to return most customer funds, even offering some a bonus. This comes nearly two years after the exchange’s dramatic implosion.

According to a court filing made on Tuesday, FTX owes its creditors roughly $11.2 billion. However, the company believes it has between $14.5 billion and $16.3 billion available for .... 👇

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