Traders who own Ethereum in their FTX holdings will receive $2,500 in repayments as FTX begins repaying its creditors in the Bahamas. The repayment plan, set to start on February 18, will refund crypto holdings based on November 2022 prices. Bitcoin holders will receive repayments capped at $20,000 per Bitcoin, which is significantly lower than its current market price. Traders had mixed reactions to the creditor repayments, with some expressing frustration over the difference in repayment amounts for Bitcoin and Ethereum. FTX collapsed in 2022 due to corporate mismanagement and fraud, leading to founder Sam Bankman-Fried's conviction and a 25-year prison sentence.



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