FTX Creditor Representative: Creditor's Actual Cryptocurrency Recovery Rate Between 9% and 46%

BlockBeats News, November 2nd, FTX creditor representative Sunil tweeted that the actual recovery rate of FTX creditors' crypto assets ranges from 9% to 46%, and due to the current high crypto prices, the actual recovery value may be even lower. Even if the nominal payment ratio reaches 143%, when converted to crypto physical value, it still cannot fully reimburse creditors. Additional recovery will come from partial projects airdropping to FTX creditors (these airdrops occur outside of the bankruptcy process).

Currently, Paradex has airdropped to FTX creditors, with more projects expected to follow suit.