277 Fyre Festival ticket holders set to receive a pay-out of around $7,220 each
It comes after the conclusion of a $2m class action lawsuit against organizers
Organizer Billy McFarland and rapper Ja Rule obtained millions in investment to promote a luxury music festival, that turned into a disaster when guests arrived
The chaos of the 2017 doomed event has featured in two documentaries
McFarland was sentenced to six years in prison in 2018 on fraud charges