#FTXrepayment FTX, the bankrupt cryptocurrency exchange, has proposed repaying creditors approximately 118% of allowed claims based on crypto values at its November 2022 bankruptcy filing. While this exceeds initial expectations, critics argue it undervalues assets, as cryptocurrency prices have surged since then (e.g., Bitcoin rose from ~$17,000 to over $60,000). Customers would receive cash equivalent to 2022 valuations, missing potential gains. The plan, pending court approval, faces objections from some creditors seeking current market value. Legal disputes center on fairness, with FTX leveraging recovered assets to cover debts. The case highlights challenges in reconciling bankruptcy law with volatile crypto markets, leaving many users dissatisfied despite the premium repayment.