FTX will repay everybody 118% back

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FTX will repay everybody 118% back

I apologise if there is already an active thread on this but I couldn’t find one.

According to the bankrupcy company. They are planning on paying the claimants back 118%. This is confirmed by their twitter account. FTX Official

There are also companies that are buying claims at 99% according to some Reddit users.

The 18% extra is an interest that they are adding.

So in the end everything worked out… customers were actually made “whole” like SBF promised.

Hasitha Jayaweera Answered question June 5, 2024
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I doubt there is another topic related to this new. If they are paying back with interest then it is a good news for FTX customers. Is there any particular date from when the payment will be sent or it is still in discussion and all other information will be informed later? I hope they do good to all those who lost their funds.

Gihan Wijethunga Answered question June 5, 2024
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