FTX债权人，破产索赔：复出故事？

从中国债权人争取其会费的复杂性，到2027年可能的全部回收率。

FTX Creditors, Bankruptcy Claims: A Comeback Story?

FTX债权人，破产索赔：复出故事？

The FTX saga continues to unfold, with creditors navigating a complex web of bankruptcy claims. From Chinese creditors battling exclusion to potential full recoveries on the horizon, here's the lowdown.

FTX传奇继续展开，债权人在复杂的破产索赔中浏览。从中国债权人与排除在外的债权人到潜在的全面恢复，这是降低。

Chinese Creditors Fight for Their Share

中国债权人为自己的份额而战

A group of Chinese creditors is pushing back against being sidelined in the FTX bankruptcy proceedings. A whopping $1.4 billion in claims remains unresolved, with over $380 million from Chinese users potentially being denied due to regulatory concerns. These creditors, numbering at least 35, have formally objected to the U.S. bankruptcy court, arguing their claims shouldn't be deemed ineligible for repayment. They point to the fact that they completed KYC procedures on FTX.com while it was still operating in mainland China. To add fuel to the fire, they’re citing the Mt. Gox precedent, where Chinese users successfully received repayments despite similar regional restrictions. Can’t blame them for fighting for what they believe is theirs!

一群中国债权人正在推迟在FTX破产程序中被淘汰。一笔高达14亿美元的索赔仍未解决，由于监管问题，中国用户的3.8亿美元可能被拒绝。这些债权人至少有35名债权人正式反对美国破产法院，认为他们的主张不应被视为不符合偿还资格。他们指出，他们在中国大陆运营时在FTX.com上完成了KYC程序。为了增加大火的燃料，他们引用了Gox山的先例，尽管区域限制了类似的区域限制，但中国用户仍成功收到还款。不能怪他们为他们认为是他们的战斗而战！

Disputed Claims: A Billion-Dollar Headache

有争议的主张：十亿美元的头痛

It's not just the Chinese creditors facing hurdles. The FTX Recovery Trust has flagged other problematic claims, including $290 million from users who didn't complete KYC in The Bahamas and $660 million tied to potential litigation or duplicate filings. All told, the disputed amount totals a staggering $1.4 billion. A recent court filing indicates the Trust plans to reduce its original reserve amount by $1.93 billion, adjusting the total reserve to $4.6 billion. This move suggests they're bracing for a battle over these disputed claims.

不仅是中国债权人面临障碍。 FTX Recovery Trust提出了其他有问题的主张，其中包括未在巴哈马完成KYC的用户的2.9亿美元，与潜在的诉讼或重复提交的文件绑定了6.6亿美元。总而言之，有争议的金额总计14亿美元。最近的法院申请表明，信托计划将其原始储备金减少19.3亿美元，将总储备金调整为46亿美元。此举表明，他们正在为这些有争议的主张进行战斗。

The Road to Recovery: Payouts and Timelines

恢复道路：支出和时间表

Despite the ongoing legal wrangling, there's good news for some FTX creditors. Smaller claims (under $50,000) have already received payouts of 120% as of February and May 2025, meaning they get even more than they initially lost. Larger claims have seen 72.5% payouts as of May 2025, with additional distributions planned through 2027. The goal? Full recoveries for larger creditors, plus post-petition interest returns estimated between 40% and 80%. Not bad, considering the initial outlook was bleak.

尽管有法律上断，但对于一些FTX债权人来说还是个好消息。截至2025年2月和5月，较小的索赔（低于50,000美元）已经收到了120％的支出，这意味着它们的收入甚至超过了最初损失的费用。截至2025年5月，较大的索赔已有72.5％的支出，并计划在2027年之前进行其他分销。目标？大型债权人的全部收回，以及估计在40％至80％之间的请愿后利息回报。考虑到最初的前景黯淡，还不错。

The FTX Legacy: Scandals and Settlements

FTX遗产：丑闻和定居点

Let’s not forget how we got here. FTX, once a crypto powerhouse co-founded by Sam Bankman-Fried (SBF), collapsed in November 2022 amid a scandal that sent shockwaves through the financial world. SBF is now serving a 25-year sentence for defrauding customers and investors, and former Alameda Research CEO Caroline Ellison also got a two-year sentence. The collapse also triggered lawsuits against celebrities and influencers who endorsed the platform. While many of these lawsuits have been dismissed, Shaquille O’Neal, for example, agreed to pay $1.8 million to settle a class-action lawsuit, showing that even celebrity endorsements come with consequences.

让我们不要忘记我们如何到达这里。 FTX曾经是由Sam Bankman-Fried（SBF）共同创立的加密货币，于2022年11月在一场丑闻中倒塌，在金融界造成了冲击波。 SBF现在因欺骗客户和投资者而被判处25年徒刑，而前阿拉米达研究首席执行官卡罗琳·埃里森（Caroline Ellison）也被判处两年徒刑。崩溃还引发了针对认可该平台的名人和影响者的诉讼。尽管这些诉讼中有许多已被驳回，但Shaquille O'Neal同意支付180万美元来解决集体诉讼，这表明即使是名人代言也带来了后果。

Looking Ahead: Cautious Optimism

展望未来：谨慎的乐观

The FTX saga is far from over, but there are signs of progress. While some creditors face significant challenges in recovering their funds, others are seeing substantial payouts. The situation remains fluid, and continued legal battles are expected. The next few years will be crucial in determining the final outcome for all involved.

FTX传奇还远远没有结束，但是有进步的迹象。尽管一些债权人在收回其资金方面面临重大挑战，但另一些债权人则看到了大量的支出。这种情况仍然是流畅的，预计会继续进行法律斗争。接下来的几年对于确定所有参与的最终结果至关重要。

So, will FTX creditors finally recover their losses? Maybe! It's a bumpy ride, but hey, at least there's some light at the end of the tunnel. And remember, in the wild world of crypto, always do your research!

那么，FTX债权人最终会恢复损失吗？或许！这是一个颠簸的旅程，但是，嘿，至少在隧道尽头有一些灯光。请记住，在加密货币的野生世界中，请始终进行研究！