FTX Customers May Recover Majority of Funds Despite IRS Claims
-
FTX customers could recover over 90% of funds based on recovered assets, but IRS claims may impact payouts.
-
Smaller customers likely to recover most funds unless IRS is given priority over them.
-
Recovered assets include $2.4B cash, $2.6B bitcoin/solana, $900M other tokens, $199M real estate.
-
IRS filed $44B in claims against FTX, but amount is likely inflated and could be subordinated.
-
Payout timeline uncertain with legal issues, but claims trading at discounts to face value based on timing expectations.