Crypto Fun Fact of the Day 🚀
"FTX Will Pay Debts, But No Benefits for Existing Users!" 💰⚖️
After going bankrupt in 2022, FTX has finally announced a repayment plan for creditors and users who lost their assets. But there's a surprise! 😱
✅ FTX plans to pay 100% of user claims up to $16 billion.
❌ However, they are using the value of Bitcoin & crypto in November 2022, not the current price!
❌ This means that users who lost BTC at that time did not benefit from the current increase in crypto prices.
Many are disappointed because if calculated at the current price, they should have received more! 🤯
💬 Do you think this is fair or is it still detrimental to existing users? 🤔