FTX Creditors May Recover Only 9–46% in Crypto Terms Despite 143% Fiat Payout
Sunil Kavuri, head of FTX's largest creditor group, has highlighted that the 143% fiat payout promised under the bankruptcy plan presents a misleading picture of actual recovery, as cryptocurrency prices have surged dramatically since the 2022 collapse. In real crypto terms, creditors may recover only 9–46% of