FTX, the collapsed cryptocurrency exchange, has proposed a reorganization plan that could see nearly all customers receive their money back, and some may even get more than they originally deposited.

According to court filings, FTX owes roughly $11.2 billion to creditors, but the company has recovered between $14.5 billion and $16.3 billion through asset sales.

This includes venture investments and holdings from Alameda Research,FTX founder Sam Bankman-Fried’s crypto hedge fund. Notably, FTX sold a significant portion of its stake in Anthropic,an AI firm backed by Amazon, for nearly $900 million.

The plan, which requires bankruptcy court approval, prioritizes smaller creditors. Customers with claims of $50,000 or less will receive approximately 118% of their original amount.

This positive outcome comes despite significant missing cryptocurrency from the exchange, preventing FTX from benefiting from rising crypto prices since November 2022 (Bitcoin is up a staggering 270%).

John Ray III, appointed CEO after Bankman-Fried’s resignation, highlighted the unprecedented lack of financial controls at FTX.

However, he expressed optimism: “We are pleased to propose a plan that contemplates the return of 100% of claims plus interest for non-governmental creditors.”

This news offers a glimmer of hope for FTX customers who have been locked out of their funds since the exchange’s bankruptcy filing in November 2022.