Summary
FTX estate plans to fully repay customers, former boss Sam Bankman-Fried found guilty of fraud and facing sentencing next month. Prison duration expected to be debated.
Key Points
1. FTX estate expects to fully repay its customers in January 2024.
2. Former FTX boss Sam Bankman-Fried is due to be sentenced next month after being found guilty of fraud last year.
3. The duration of Sam Bankman-Fried’s prison sentence is expected to be hotly contested.