#FTXrepayment

In my opinion, FTX’s repayment efforts are a step in the right direction, but they don’t fully make up for the damage done. While it’s impressive that most creditors are expected to receive 118% of their claims, the fact that people have had to wait years for their money is frustrating. The phased repayment process also adds to the uncertainty, making it hard for many to fully move on.

Sam Bankman-Fried’s 25-year prison sentence brings some justice, but it doesn’t erase the trust that was shattered in the crypto industry. The ongoing lawsuit against Binance just proves that the FTX saga is far from over, with more legal battles ahead.

Overall, while the repayments provide some relief, they don’t fix the deeper issues in crypto. It’s a reminder that even major platforms can collapse, leaving investors to pick up the pieces long after the damage is done.