FTX to repay creditors at only $17k per BTC
FTX announced the asset values from the creditors claims will be calculated at the prices from Nov 11, 2022 when the exchange filed for bankruptcy. BTC was valued on that date at around $16.900, which led to a sharp decrease in FTT token probably due to 2 reasons: On Sep 13, 2023 FTX received U.S.Court