What's happening with FTX ever since it declared bankruptcy is all muddled up. Everything looks shady to me. Not only do the authorities seem lenient on Sam Bankman-Fried, there is also an apparent attempt to salvage whatever is left with the exchange. It seems there is an effort to revive it and not so that its users will be made whole again but so that those powerful personalities will recover the large amounts they have lost when the bankruptcy happened.
What do you expect? SBF and the shadows behind him had lined the pockets of a number of very wealthy and powerful people before FTX collapse. Not to mention that his parents are knowledgeable and extremely wealthy. It's shady and it's in your face. The people who are keeping him out of prison probably already have their funds back. The $7.3 billion is probably just the left over after all of the inner circle has been taken care of. That's all speculation...but it's probably true. I really hope not to see FTX operating other than letting people take their money out in Q2.
If you are a previous user of this exchange, I don't think it is best to patronize this exchange after such collapse.
Maybe, get the funds what they owed from you and use other reputable trading platforms.
We won't know the truth about their billion dollars of assets, where will it will truly be distributed. But that's their business.
What we need to be cautious is using third party trading platforms and how to secure our assets from similar ftx or luna catastrophe.