Krutika Adani
FTX has received a court nod to repay its customers whose claims are below $50k.
Users with claims below $50k are expected to get 118% of the money they lost during the FTX collapse.
This repayment schedule is expected to reimburse 98% of the users.
Since most of the repayments are to be in locked tokens of SOL and FTT, they are not expected to have a major impact on overall markets.
The Mt. Gox repayments showed that despite users receiving their funds after many years, they showed little interest in selling them.