FTX deposits are getting paid back in US dollars, not the crypto that dollar amount is based on the price of their tokens at the bankruptcy date. The bankruptcy date was November 11 in 2022. Super important, because the report that started the run on FTX was published November second, a couple of days in between those two dates, and a bunch of crypto plummeted Solana dropped 50% between November 5 and November 11.

That's just one example. But since then, Solana has been up 11x bitcoins up 4x Ethereum doubled. So if you wanted these depositors, you missed that run up. The trustee has been selling the tokens post run up. The point is that he's selling tokens at current prices, call it 188, and then using that to pay off depositors at $16.

So the only reason the depositors have been quote unquote made whole is because they're getting the benefit of this run up, but they're not paying them back at the price of their Solana today, they're paying them at this price that got fixed at the time of the