FTX $16 Billion Reorganization Plan: Will Creditors Finally Get Their Due?

Good news for FTX creditors! FTX’s reorganization plan is on the brink of approval after securing substantial backing from its creditors. With 95% of creditors in favor, representing 99% of the claim value, the plan aims to distribute between $14.5 billion and $16.3 billion in recovered assets. This significant support demonstrates a general agreement among … source: https://coinpedia.org/news/ftxs-16-billion-reorganization-plan-will-creditors-finally-get-their-due/