reorganization

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A diverse group of people casting votes with cryptocurrency symbols in the background, symbolizing overwhelming support for a reorganization plan.

FTX's Dotcom Clients Vote 94% In favor of Restructuring Plan

By Anthony Burr | TH3FUS3 Managing Editor

FTX's reorganization plan has gained overwhelming support from its creditors. The plan will undergo a confirmation hearing on Oct. 7. Under the plan, around 98% of creditors are set to receive at least 118% of their claim value in cash.

October 1, 2024 04:00 AM

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