I have a question I want to ask you, the distribution given back to you by FTX is it in stablecoin? Does it come with the profit you ought to have achieved if holding the Bitcoin or altcoin you have on their platform?
Ftx didn't repay their creditors in any cryptocurrencies, creditors were repaid in U.S. Dollars. They were also refunded the exact value of their lost funds, as at the time ftx collpased, i.e. if your BTC was worth $500 when ftx collapsed, you get back $500, even though BTC has since then risen to over $100k. The collpased exchange were only able to revover assets that could cover the exact value customers lost at the time.
They do the repayment in US dollars or USDT?
It is still good that they repay the creditors, but it is really a sad experience though thinking about what the creditor have missed and the benefit they would have gotten after the BTC ETF was filed, because the people are introduced to Bitcoin that invested the amount they can afford to loose made x21 of their investment.
I wonder why the repayment was done in a low key and not like the previous repayment that was know by almost everyone in the crypto space.