Insolvency Lawyer: Getting Funds Out of FTX Could Take Years or Even Decades

Australia insolvency lawyer Stephen Earel said it will be an "enormous exercise" in the liquidation process to realize the crypto assets then work out how to distribute the funds, with the process potentially taking years, if not decades.

Earel said unfortunately FTX users are in the queue with everyone else including other creditors, investors and venture capital funders, warning those that have made "crypto to crypto trades" may not see a distribution for years.