Krutika Adani
FTX has issued a PR to announce its intent to return money to customers
Those who had claims of $50k or less were awarded 118% of their claim value
FTX CEO John Ray III had earlier announced that a full refund was possible for FTX victims
The FTX estate will also issue an additional 9% interest for time loss of money
FTX has estimated that it has around $14.5-$16 billion in liquid assets