The agreement will put an end to a saga that started when the firm went bankrupt in November 2022.
The original post: /r/cryptocurrency by /u/coinfanking on 2024-10-08 06:26:20.

Creditors of the collapsed cryptocurrency exchange FTX are poised to receive up to $16.5bn (£12.6bn) under a bankruptcy plan approved in the US on Monday.

The deal will allow former customers to recover a sum worth about 119% of what they had in their accounts at the time of bankruptcy, according to FTX.