Business, Spoken

FTX Says It Expects to Repay Customers in Full. Some Are Suing for More

Feb 6, 2024
Customers of bankrupt crypto exchange FTX are suing for fair recovery with claims that the proposed plan does not reflect the full scope of the firm's obligation. The bankruptcy of FTX cryptocurrency exchange and the uncertainty surrounding customer compensation are discussed, including dissatisfaction with claims valuation and potential complications of distributing repayments.
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