FTX Victims $16B Compensation Started Today
One of the recent downs of the crypto space has always lingered in my mind because of the impact it had on close ones is the FTX saga... For how vivid I remember it, I can barely believe it's been 2+ years.
I woke up to the news that the bankruptcy plan will return an estimated $16.5 billion to those affected, although priority will given to victims with smaller claims.
There is light at the end of the tunnel for victims like my friend who has since resurrected as lead copy trader on Bitget. I think he started there after they set up a $5M compensation for the victims in the early days.
Bitget are also doing something similar this time around... users who verify that they are victims and deposit funds on their platform can access additional benefits of up to $2500, which will be a welcomed bonus after all these years...
Do you think victims are still traders or moved on to different paths?