When FTX declared bankruptcy, it started a process to figure out how to pay back as many people as possible. But the amount each person will get back totally depends on how much money FTX the crypto community has left and how many claims there are. If FTX has enough assets to cover everyone’s claims, then everyone might get back some of their money. But if there isn’t enough money, then people might not get back all of what they lost. It’s kinda like sharing a pizza: if there’s only one pizza and many people want a slice, each person gets less than they hoped for. In the end, it’s hard to tell exactly how much anyone will get back, but it’s important to keep an eye on updates from the bankruptcy court and FTX. It’s a tough situation for everyone, but knowing the facts helps us understand what could happen next.

Last edited by Armily1928 (3/10/2025 7:43 am)