FTX plans to refund defrauded customers with interest
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FTX has filed a plan with a bankruptcy court to pay back creditors who held cryptocurrency at the embattled exchange. The vast majority of customers are set to get their money back with interest, though they (and the debtors) missed out on major gains in the crypto market since FTX’s dramatic collapse in November 2022 — the price of Bitcoin has more than tripled since then. FTX aims to fully pay back non-governmental creditors based on the value of their claims as determined by the bankruptcy...

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