7 ms·
My understanding is that FTX's customers that lost their balances are being given priority in the bankrupcy over investors (of course) and other creditors. So r
by advisedwang 2y ago
My understanding is that FTX's customers that lost their balances are being given priority in the bankrupcy over investors (of course) and other creditors. So really all this means is that the money that was lost/stolen less than or equal to that put in by investors and other lower priority creditors. Not that no money was lost/stolen.