#FTXRefunds

#FTXRefunds Update 🚨

Good news for FTX users! The bankruptcy estate has announced plans to begin repaying creditors and customers. After months of uncertainty, eligible claimants could receive 100% of their claims—plus potential interest. 💸

But there’s a catch: refunds will be based on crypto prices as of November 2022, not current market value. So if you held Bitcoin or ETH, your refund will reflect the much lower prices from the time of the collapse. 📉

Still, it’s a major win for many who feared they’d never see a dime. Some large creditors are expected to receive payouts exceeding their original claims. 💰

Stay cautious, though—beware of scams claiming early access to refunds or asking for wallet info. Official communications will come through the FTX Debtors portal.

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