Crazy story gets a little crazier: "most - or roughly 98% of its (FTX) creditors - would get back 118% of what they had on the FTX platform the day the company entered Chapter 11 bankruptcy."
(www.zerohedge.com)https://www.zerohedge.com/crypto/creditors-bankrupt-ftx-receive-much-142-what-they-are-owed"Bankman-Fried was sentenced to 25 years in prison. He plans to appeal his sentence and conviction. In retrospect, considering that those who had money in his bankrupt exchange got as much as a 42% return, he may well end up with a reduced sentence."
Thought I recently read he got a huge reduction, but maybe that was just speculation.