FTX Wants to Give Users a Cash Payout. Customers Aren’t Happy.

Crypto is rallying, but FTX customers aren’t reaping the benefits. As the crypto exchange moves through bankruptcy, customers are realizing there’s little chance they’ll recover their frozen assets. New management at FTX has a proposed plan to compensate customers for some of their lost funds. WSJ reporter Alexander Saeedy joins host Alex Ossola to talk about the plan, and why some customers are against it.

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Crypto is rallying, but FTX customers aren’t reaping the benefits. As the crypto exchange moves through bankruptcy, customers are realizing there’s little chance they’ll recover their frozen assets. New management at FTX has a proposed plan to compensate customers for some of their lost funds. WSJ reporter Alexander Saeedy joins host Alex Ossola to talk about the plan, and why some customers are against it.

Learn more about your ad choices. Visit megaphone.fm/adchoices