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The disgraced crypto exchange's plan includes compensation for 9 million customers and investors affected by its collapse
FTX unveils a groundbreaking reorganization plan, promising substantial payouts to creditors and sparking hope for a robust recovery. With a strategy to return 100% of bankruptcy claims plus interest, FTX aims to navigate the complex bankruptcy process and mitigate previous financial losses.
May 8, 2024 10:45 AM