In principle, I think giving this money back would be a very good thing if it means getting money back to those who are owed it. However, this is very complicated if either A: you've already spent the money, or B: you need the money to survive. For instance, I'm an FTX grantee, and I'm using the money to pay rent and other living expenses (I don't have a job otherwise at the moment, so the loss of income would be a big problem for me).
That's awesome! Thanks for the update!