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FTX Plans to Return 90% of Customer Funds, but There's a Catch

An amended proposal released early Tuesday will be filed by the FTX Debtors by mid-December if approved.

Updated Oct 23, 2023, 4:19 p.m. Published Oct 17, 2023, 6:32 a.m.
Former FTX CEO Sam Bankman-Fried (Jesse Hamilton/CoinDesk, modified via Photomosh)
Former FTX CEO Sam Bankman-Fried (Jesse Hamilton/CoinDesk, modified via Photomosh)