Trader views FTX 2-year repayment delay as positive outcome due to jurisdictional issues

From Cointelegraph, February 28, 2025 8:05 PM:

A crypto trader predicts FTX creditor repayments after 2 years as a “win” due to jurisdictional issues. FTX’s collapse, seen as a major financial fraud, stemmed from illegal use of customer funds. Reimbursements start on Feb. 18, with 98% of creditors expected to receive 118% of claim value in cash. Ishan Bhaidani correctly predicted FTX’s downfall. Bhaidani questions the outcome for those who bought FTX creditor claims. Former FTX CEO’s chances of pardon from a 25-year prison sentence estimated at 2% to 5%.

Read more at Cointelegraph: FTX’s 2-year repayment delay is a ‘win,’ claims trader who predicted FTX’s collapse