FTX Creditor Representative: Creditor's Actual Cryptocurrency Recovery Rate Between 9% and 46%
BlockBeats News, November 2nd, FTX creditor representative Sunil tweeted that the actual recovery rate of FTX creditors' crypto assets ranges from 9% to 46%, and due to the current high crypto prices, the actual recovery value may be even lower. Even if the nominal payment ratio reaches 143%, when converted to crypto physical value, it still cannot fully reimburse creditors. Additional recovery will come from partial projects airdropping to FTX creditors (these airdrops occur outside of the bankruptcy process).
Currently, Paradex has airdropped to FTX creditors, with more projects expected to follow suit.
You may also like

Pantera Capital: What changes have we made when crypto is treated as a service?

Wall Street Shorts ETH: Vitalik is aware and has front-run, while Tom Lee remains oblivious

Social Capital CEO: How Equity Tokenization is Reshaping Capital Markets from US Stocks to SpaceX?

CoinGecko Report: Surge of 346% vs Dip of 20.8%, The Wild Rise of DEX

a16z: The Real Opportunity of Stablecoins Lies Not in Disruption but in Filling Gaps

Mining Exodus: Someone Holds $12.8 Billion AI Order

March 6 Market Key Intelligence, How Much Did You Miss?

a16z: The True Opportunity of Stablecoins is in Complementing, Not Disrupting
Predict LALIGA Matches, Shoot Daily & Win BTC, USDT and WXT on WEEX
The WEEX × LALIGA campaign brought together football excitement and crypto participation through a dynamic interactive experience. During the event, users predicted matches, completed trading tasks, and took daily shots to compete for rewards including BTC, USDT, WXT, and exclusive prizes.

Ray Dalio Dialogue: Why I'm Betting on Gold and Not Bitcoin

Who Took the Money in the AI Era? A Must-See Investment Checklist for HALO Asset Trading

Wall Street Bears Target Ethereum: Vitalik In the Know Takes Flight, Tom Lee Remains Bullish

Pump.fun Hacker Steals $2 Million, Receives 6-Year Prison Sentence, Opts for 'Self-Detonation'

6% Annual Percentage Yield as Musk Declares War on Traditional Banks

36 years, 4 wars, 1 script: How does capital price the world in conflict?

Mining Companies' Great Migration: Some Have Already Secured $12.8 Billion in AI Orders

What Is Vibe Coding? How AI Is Changing Web3 & Crypto Development
What is vibe coding? Learn how AI coding tools are lowering the barrier to Web3 development and enabling anyone to build crypto applications.
