Big news in the world of cryptocurrency! FTX, a big cryptocurrency exchange, went bankrupt a while ago. Now, they're starting to pay back some of the money they owed to people. This is a big deal for the whole crypto world.
- FTX is giving back about $1.2 billion to some of its users.
- This is just the beginning; they might have to pay back much more!
- The FTX crash made Bitcoin's price drop a lot.
- Some people think this payback will help make the crypto market better.
| Fact | Number |
|---|---|
| Money FTX is paying back (first round) | $1.2 billion |
| Number of users in first payback round | Over 1,500 |
| Possible total FTX payback | Over $16 billion |
| Bitcoin's price drop after FTX crash | From nearly $65,000 to around $16,000 |
