Hey folks, gather 'round for some crypto comedy! So, remember the FTX saga? Yeah, there's a plot twist!
According to The New York Times, FTX customers, who've been anxiously waiting to see if they'd ever see their money again, are in for a treat. It's like Christmas came early! They're not just getting their hard-earned cash back, but they're also getting a little something extra—interest included! Now, that's what I call a financial fairy tale.
But wait, there's more! FTX has miraculously dug up a whopping $8 billion in assets. I mean, seriously, did they check under the couch cushions? Even Yesha Yadav, the legal eagle from Vanderbilt University, had to do a double take at that one.
Now, here's the kicker: while customers are getting their refunds, it's like stepping into a time machine. The amount they'll receive is based on what their holdings were worth back when FTX went belly up. So, if you had a single bitcoin back then, don't go planning that luxury vacation just yet. You might be looking at a budget staycation instead.
And as for when you'll actually see that cold, hard cash? Well, buckle up, because we're in for a wait. The judge has yet to give the thumbs up, and we all know how slow the legal system can be. So, folks, grab some popcorn and get cozy, because this show ain't over yet!
Censorship here : Life’s not far