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FTX Creditors Will Be Repaid in Full, Crypto Exchange's Estate Says
(
wsj.com
)
3 points
by
dcgudeman
on May 8, 2024
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1 comment
jonahbenton
on May 8, 2024
[–]
Note that "in full" refers to the dollar-valuations of the crypto assets at the bankruptcy date. Many of the assets themselves have appreciated significantly since that date- hence the "surplus". Their former owners will not see that appreciation.
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