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FTX to pay $12.7B to victims of Sam Bankman-Fried's scheme
- paulpauper 2y agoFTX to pay $12.7B to victims of Sam Bankman-Fried’s massive scheme they mean fraud ? isn't that what it was. A scheme suggests a less serious matter. It's remarkable how fast this was resolved in under 18 months despite the scale and complexity of it. Typically, creditors have to wait years before there is even a sign of any sort of resolution. The Enron, Mt Gox, and Madoff recovery process took far longer.