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How FTX Found Billions to Repay Customers

How FTX Found Billions to Repay Customers

FromThe Journal.


How FTX Found Billions to Repay Customers

FromThe Journal.

ratings:
Length:
20 minutes
Released:
May 13, 2024
Format:
Podcast episode

Description

When FTX collapsed into bankruptcy in 2022, many customers never thought they'd see their money again. But FTX's assets have rebounded. WSJ’s Andrew Scurria unpacks why FTX will have more than enough money to fully repay customers and many creditors.



Further Reading:

- Crypto Exchange FTX Is the Rare Financial Blowup That Will Repay Victims in Full 



Further Listening:

- The Trial of Crypto’s Golden Boy 



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Released:
May 13, 2024
Format:
Podcast episode

Titles in the series (100)

The most important stories, explained through the lens of business. A podcast about money, business and power. Hosted by Kate Linebaugh and Ryan Knutson. The Journal is a co-production from Gimlet Media and The Wall Street Journal.