FTX prospects may get $9B shortfall declare payout by mid-2024

The shoppers of bankrupt crypto exchanges FTX and FTX.US may see over 90% of property returned to them by the tip of the second quarter of 2024 after a proposed settlement was reached between FTX collectors and debtors.

On Oct. 17, FTX debtors stated they reached a “main milestone” of their Chapter 11 case after “in depth discussions” with the unsecured collectors’ committee, a committee of non-United States prospects, and sophistication motion plaintiffs concerning buyer property disputes.

FTX buyer clawbacks

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