FTX creditors are experiencing actual crypto asset recovery rates between 9% and 46%, according to creditor representative Sunil. Despite nominal payout ratios reaching 143%, the high current crypto prices mean the real recovery value may be lower, leaving creditors unable to fully recoup their losses. Additional recovery is expected from airdrops by certain projects outside the bankruptcy proceedings. Paradex has already distributed airdrops to FTX creditors, with more projects anticipated to follow suit.
FTX Creditors Face Limited Recovery Despite High Payout Ratios
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