FTX, the cryptocurrency exchange that collapsed, has made a significant claim. They assert to possess assets worth $16.3 billion, which notably surpasses their debt of $11 billion. The company has pledged to fully reimburse its customers. This reimbursement is contingent on the liquidation of their remaining assets. However, this proposed compensation plan is still pending approval. It must be sanctioned by a US bankruptcy court before it can be implemented. This situation underscores the volatility and risks inherent in the cryptocurrency market.
