FTX Creditors Face Real Crypto Losses Despite $7B Recovery

Despite a significant recovery effort totaling over $7 billion, FTX creditors are experiencing real crypto losses. The repayment structure is based on 2022 cryptocurrency prices, leaving them with much lower real-world returns than current valuations indicate. This discrepancy has sparked frustration among many creditors as they receive payouts that seem generous but don’t reflect the true value of their investments.