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coinpedia 2024-05-08 07:24:13

FTX Surplus: Creditors and Customers to Receive Over 100% Recovery

The post FTX Surplus: Creditors and Customers to Receive Over 100% Recovery appeared first on Coinpedia Fintech News FTX reportedly has more than $16 billion cash available after its assets were sold off to repay its creditors and customers, while its debt is around $11 billion. The surplus in its reserves will be used to pay interest to its 2 million customers. While certain creditors stand in a position to recover 142% of …

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