Wow that sucks... for ftx debtors
Debtors float potential bitcoin price of $16,871 for FTX bankruptcy claims
FTX debtors propose $16,871 Bitcoin price for creditor claims
Many online objected to the proposed pricing, based on the U.S. dollar value of cryptocurrencies when FTX filed for bankruptcy in November 2022.
https://cointelegraph.com/news/ftx-debtors-bitcoin-claims-bankruptcy
The progression of this case goes to show that when exchanges encounter trouble, it's often at the worst possible time.
The best way to avoid losing assets on an exchange is to get in and get out as soon as possible.
Discussion
yup