#FTX赔付 FTX Losing Money, There Finally Seems to Be Some Movement… But Users Are Furious!

After holding out for over a year, the creditors of FTX have finally received news about compensation—applications start on May 30! But upon closer inspection of the terms, many people are left both angry and amused: compensation for Bitcoin is only calculated at 20% of the current price!

For example 🌰:

If you initially deposited 1 Bitcoin in FTX, when it comes time for compensation, you will only be recognized for the value of 0.2 Bitcoin (for instance, if the current price is $80,000/BTC, it will be calculated as $16,000).

The problem is that Bitcoin has risen from $16,000 at the time of FTX's collapse to $80,000 now! Watching your money being “discounted” again and again, who can accept that?

How did this situation come about?

Simply put, when FTX collapsed in 2022, the exchange directly converted all cryptocurrencies to USD at the price on the day of bankruptcy. Now, compensation is still based on the old ledger, completely disregarding how much the prices have increased since then. This means that users not only lost their principal, but also missed out on the profits from the bull market rebound…