FTX received court approval of its bankruptcy plan on Monday, which will allow it to fully repay customers using $16 billion in assets recovered since the once-leading crypto exchange collapsed. The plan is built on a series of settlements with FTX customers and creditors, U.S. government agencies, and liquidators appointed to wind down FTX's operations outside the U.S. The settlements allow FTX to use its assets to repay customers of its crypto exchange first, before paying potentially competing claims filed by government regulators.