Chiliz to Allocate 38 Million $CHZ to Individual Users Owning $CHZ on FTX

Sports and entertainment blockchain solution Chiliz announced that it will allocate 38 million $CHZ, with compensation of up to $10,000 per FTX user that owned $CHZ on that platform.

It is said that this initiative will be only for individual users and not for institutions. This is still subject to complete legal review and approval from the liquidator to provide Chiliz the list of users.