<ul><li>FTX, a major crypto exchange, has received approval from a US bankruptcy court to repay customers using up to $16.5 billion in recovered assets.</li><li>The approval is a positive development for FTX, which aims to rectify the issues that led to its collapse.</li><li>98% of account holders with less than $50,000 on the platform will be paid through this settlement.</li><li>Some customers are dissatisfied with the payout as it is based on cryptocurrency prices from November 2022, when FTX collapsed, and they believe they are not receiving a fair return considering the current value of cryptocurrencies.</li></ul>

FTX: Major Ruling Clears $16 Billion Repayment Route In Bankruptcy Saga

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