FTX Customers to Recover All Funds Plus Interest in Rare Bankruptcy Outcome

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In a rare and positive outcome for a bankruptcy case, customers of the failed cryptocurrency exchange FTX will recover all of their funds—and more. Customers who lost money when the exchange collapsed in November 2022 are owed approximately $11 billion, but the estate has managed to recover as much as $16.3 billion, according to court records filed on Tuesday. Consequently, claims will be repaid with interest.

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