Unusual Whales

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FTX has amassed billions of dollars more than it needs to cover what customers lost in its November 2022 collapse, setting them up to receive full recoveries

FTX has amassed billions of dollars more than it needs to cover what customers lost in its November 2022 collapse, setting them up to receive full recoveries. Lower-ranking creditors typically receive only a fraction of their holdings in bankruptcies, but FTX benefited from a strong rally in cryptocurrencies, including Solana,
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