The collapse of FTX in November 2022 left many customers devastated, but some are now receiving repayments for their losses. However, the process is far from over, as FTX's bankruptcy estate still holds over $16 billion in assets that will be used to repay creditors with claims worth more than $50,000 at a later date. Among those waiting for repayments is Sunil Kavuri, who lost $2 million in the collapse and has become an advocate for FTX creditors. Kavuri is warning creditors not to take excessive risks with their recovered funds, urging them to be cautious and not gamble their money away. The distributions are being facilitated by Kraken and BitGo, and many claims have been sold to investment firms. Kavuri hopes that FTX creditors will be better off than they were over two years ago but is concerned about the potential for risky behavior with the returned money.



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