Creditors Express Discontent Over Minimum 10-25% Crypto Payouts
FTX creditors are discontented with receiving only 10-25% of their holdings, as repayments are based on lower bankruptcy filing prices. Despite settlement efforts, many creditors feel the compensation falls short of covering their significant financial losses. Following the recent development regarding FTX’s plan to redistribute $16B to creditors in Q4 2024, CNF highlighted how the…