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FTX to repay customers more than they lost - Banking Dive

Retrieved on: 2024-05-09 16:59:24

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Summary

FTX, facing bankruptcy, aims to repay creditors including customers, partially by liquidating hedge fund assets. Bankman-Fried's criminal conviction for fraud complicates the situation, underscoring corporate crime issues within the cryptocurrency exchange industry.

Article found on: www.bankingdive.com

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