Tag: US bankruptcy court

August 01, 2023 BY Alan Sayer

FTX tables draft bankruptcy plan for claim repayments

This draft proposal puts forth ways to honour customer claims as of the official FTX bankruptcy date. Court documents indicate the plan suggests the sale of assets attached to different aspects of the business to affect repayments. Restarting an offshore exchange is also not off the table. The draft references three recovery pools for creditor…

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