Nearly All FTX Creditors Will Get 118% of Their Funds Back in Cash, Estate Says in New Plan
- Reporter 21
- 08 May, 2024
Bankrupt cryptocurrency exchange FTX has proposed a new reorganization plan that would see a whopping 98% of its creditors get back 118% of their claims – in cash – within 60 days of court approval, according to new documents filed Tuesday evening.
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