Quote from: redwine49 on February 05, 2024, 03:31:14 PM

Quote from: Dave1 on February 05, 2024, 09:39:57 AM

What are your thoughts about this one? For sure those who lost money in the FTX collapse will have to find console in getting some from FTX itself. But I don't think this is fair to their customers if they will be calculated on Value of Bitcoin in November 2022, just saying.

It should be in full and should be based on the numbers of Bitcoin they have in this exchange, in my opinion.

Just like MT GOX but much better.
It's hard to deal with CEX especially those who got hacked and bankrupt.
Ofcourse their fund will be limited to pay it's costumer. I think it's better get some than nothing

Events like what happened to them are tragic, so I won't say one is better than the other but if you mean about the refunds, Mt.Gox have already attempted it before. I'm not only sure if it already processed successfully. As for the FTX, I won't feel positive yet until they truly made their promise a reality.

Hacking seems not brutal as bankruptcy. I already saw lots of exchanges who got hacked and still continue their operations later on but not those who got bankrupt because they don't have any funds left. FTX funds are limited right now but it's not an excuse to not make full payments. They can always prioritize those early investors and the rest can just wait for their turn until FTX had a money again.