billy mcfarland

The controversial entrepreneur is seeking redemption and some people are ready for him to try. Tickets have sold out. But he still owes $26 million in restitution to the people he fleeced.

A class-action settlement will award 277 ticket holders more than $7,000 each, pending a judge's approval in May. The final sum could be reduced depending on ongoing bankruptcy proceedings.

Admitting they were "unable to realize our dream on the first try," festival organizers are giving attendees the option to forgo a refund and instead receive VIP passes to Fyre Fest 2018.