PANews reported on November 2nd that Sunil, a representative of FTX creditors, tweeted that FTX creditors have not actually received full repayment. The actual cryptocurrency recovery rate is between 9% and 46%, but considering the higher cryptocurrency price at the time of the 143% payment, the actual recovery rate may be even lower. Additional recovery will come from airdrops to FTX creditors by some projects (outside of the bankruptcy proceedings). Paradex has already airdropped to FTX creditors, and more projects are expected to follow suit.PANews reported on November 2nd that Sunil, a representative of FTX creditors, tweeted that FTX creditors have not actually received full repayment. The actual cryptocurrency recovery rate is between 9% and 46%, but considering the higher cryptocurrency price at the time of the 143% payment, the actual recovery rate may be even lower. Additional recovery will come from airdrops to FTX creditors by some projects (outside of the bankruptcy proceedings). Paradex has already airdropped to FTX creditors, and more projects are expected to follow suit.
Creditor representative Sunil: FTX creditors have only seen an actual recovery rate of 9% to 46% of their crypto assets.
PANews reported on November 2nd that Sunil, a representative of FTX creditors, tweeted that FTX creditors have not actually received full repayment. The actual cryptocurrency recovery rate is between 9% and 46%, but considering the higher cryptocurrency price at the time of the 143% payment, the actual recovery rate may be even lower. Additional recovery will come from airdrops to FTX creditors by some projects (outside of the bankruptcy proceedings). Paradex has already airdropped to FTX creditors, and more projects are expected to follow suit.
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