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Odaily Planet Daily News: Sunil Kavuri, the representative of FTX creditors, said that the completion of FTX creditor payouts of less than $50000 may bring a sense of end to some former customers, and this process is just beginning. Kavuri stated that FTX estate still holds over $16 billion in assets, which will be used in the future to repay creditors with a debt value exceeding $50000. Kavuri was one of them, who lost $2 million when the exchange went bankrupt. Kavuri warns compensated clients to avoid the Meme coin trench and carefully safeguard their wealth, pointing out that Meme coins such as TRUMP and LIBRA have caused significant losses for some traders in recent weeks. Kavuri recalled his advice to FTX creditors, saying, "You missed the bull market, but don't gamble all your money. I've posted a lot about handling FTX payouts with caution The recent allocation was assisted by cryptocurrency exchange Kraken and custody service provider BitGo. However, during this process, many people sold their debt to investment institutions specialized in purchasing bankruptcy debt. Nearly half of the debt to be repaid on Tuesday has been acquired by investment institutions. Some people sold these tokens due to emotional distress, "Kavuri added, adding that some buyers of FTX debt purchased these tokens at prices as low as 10 cents per dollar. He said, 'I heard that at least three people have committed suicide, and many others have been hospitalized due to panic disorder or are taking antidepressant medication.' (Decrypt)