FTX Creditors Face Sharp Losses Despite “143%” Payout

[chainsniff]

FTX creditors may recover far less than expected once crypto inflation is factored in, according to Sunil, a leading FTX creditor representative.
He estimates real recovery rates between 9% and 46%, noting that surging prices of BTC, ETH, and SOL have eroded the true value of fiat repayments.
A 143% fiat payout equals roughly 22% in BTC, 46% in ETH, and just 12% in SOL, he said — emphasizing that “FTX creditors are not whole.”