According to ChainCatcher, TheBlock reported that the FTX bankruptcy plan was criticized by Sunil Kavuri, the representative of the largest FTX creditor group. Kavuri said that when FTX filed for bankruptcy in 2022, the asset management agency to be liquidated should be paid in the form of cryptocurrency instead of in dollar value. David Adler, a lawyer representing some creditors, also said in court that if creditors are paid in cash instead of in kind, they will face huge taxes.

Earlier, a US judge approved the FTX bankruptcy plan to fully repay cryptocurrency customers in cash plus interest.