FTX Users Will Be Paid Back, With Interest. They’re Mad Anyway

Arush Sehgal and Acaena Amoros Romero saw their life savings disappear, all at once, into the vortex of FTX’s fraud-fueled collapse.

Then the crypto market staged a stunning surge back from the depths of the 2022 crash. Over the next year and a half, Bitcoin climbed so much, in fact, that by their count what they had entrusted to FTX — if it weren’t tied up in bankruptcy court — would have swelled to at least $4 million.

That’s at the root of mounting anger at what is — by traditional measures, at least — a surprising victory for FTX’s more than two million customers, all of whom will have a chance to vote on the plan for winding down the company’s bankruptcy.

Source: FTX Users Will Be Paid Back, With Interest. They’re Mad Anyway