FTX customers to recover all funds lost in collapse

Summary: FTX's bankruptcy lawyers announced that customers will recover all lost funds with interest after the firm's $8 billion collapse in 2022. Creditors, including ordinary investors, will receive 118% of their assets. Despite recent crypto market surges, payments are based on 2022 asset values. For example, a customer who lost one Bitcoin could expect less than $20,000, even though Bitcoin's current value exceeds $60,000.

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