#FTXrepayment
Justice or mere course correction?
The FTX case continues to make headlines. The recent news that creditors will be fully reimbursed sounds like justice, but is it really? Many invested in the platform trusting its promise of stability, only to watch their money disappear in a fraudulent collapse. Now, after lengthy legal processes, those affected will recover their investment, but without the potential profits they would have earned had the fraud not occurred. Meanwhile, Sam Bankman-Fried faces legal consequences, although the crypto ecosystem is still grappling with the loss of trust. Is this refund enough to restore credibility in the sector? The lesson is clear: more regulation and transparency are essential.