FTX Creditors Alliance Comments on FTX Reorganization Plan: Unsecured Creditors Committee Opinions Ignored

Odaily Planet Daily News The FTX creditor alliance expressed its opinion on the FTX restructuring plan on Twitter. The coalition stated that the opinion of the official committee of unsecured creditors (UCC) was ignored, and the UCC made the following demands: UCC should have the right to choose who will run FTX, restart and revive tokens, put $2.6 billion in cash into short-term treasury bonds and earn holding interest . In addition, the UCC opposed FTX’s application to extend the exclusivity requirement so that creditors could propose their own schemes.