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Collapsed crypto exchange cleared to repay customers R17 billion
Cryptocurrency firm FTX won court approval to fully repay customers whose digital assets were locked on the platform when it imploded nearly two years ago.
The payout could net shareholders in Sam Bankman-Fried’s fraud-tainted exchange a slice of $1 billion (R17.45 billion) in seized assets.
Cryptocurrency firm FTX won court approval to fully repay customers whose digital assets were locked on the platform when it imploded nearly two years ago.
The payout could net shareholders in Sam Bankman-Fried’s fraud-tainted exchange a slice of $1 billion (R17.45 billion) in seized assets.