"FTX Unveils Plan to Reimburse Creditors Up to 118% of Losses" Will it be true?

Good morning everyone, me again Hive account@andre.btc 😊, did you know that, the new restructuring plan of FTX foresees that 98% of creditors will be reimbursed 118% of the share lost during the collapse of the cex.

This means that non-governmental creditors could recover 100% of their funds plus interest. FTX CEO John Jay Ray III expressed satisfaction with the new estimate, even though he had previously expected a maximum refund of 90%.

FTX clarified that the rise in the crypto market does not affect the amount of liquidity available for refunds. However, customers have expressed frustration at missing out on profiting from the crypto rally with their blocked funds. 🖐️

FTX has a net worth of $14.5-16.3 billion to distribute to creditors, mainly obtained from the liquidation of collateral assets, including 8% of the AI Anthropic company sold for $884 million.

In your opinion; ❓ What is the reason behind the satisfaction expressed by FTX's CEO regarding the new estimate of creditor reimbursement, and what are the main sources of liquidity used by the company to finance the refunds ❓