💸 #FTXRefunds : Former Users to Receive Up to 118% Back?

In a surprising turn of events, the FTX bankruptcy estate announced that it expects to fully repay all customer claims, with some users potentially receiving up to 118% of their original balances. This marks a rare win in crypto's turbulent legal landscape.

Key Details:

💰 Approx. $11B will be distributed to over 2M creditors

📆 Payouts expected to begin by Q4 2025

🔁 Funds sourced from asset sales, including investments in Anthropic, Solana, and more

Why It Matters:

Boosts trust in crypto legal recovery mechanisms

Could inject billions in liquidity back into the crypto market

Raises questions about centralized risk and custody

📊 Track $FTT ’s live chart here:

Are you or someone you know affected by the FTX collapse? How will these refunds impact the broader market?

#FTX #FTXRefunds #CryptoBankruptcy #CryptoNews #BinanceAlpha