Crypto collapse: FTX’s fall is one piece of a long, cold, contagious crypto winter
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FTX’s plan to repay customers $16 billion gets court approval.
Following a lengthy bankruptcy process, FTX says 98 percent of customers who lost assets in the collapsed crypto exchange will receive their money back within 60 days. Delaware Judge John Dorsey called the outcome a “model case for how to deal with a very complex Chapter 11 proceeding.”
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