FTX Reorganization Plan Approved! 🚀
- 94% of FTX.com customers have accepted the bankrupt crypto exchange’s reorganization plan.
- The plan promises to repay most creditors 118% of their claims in cash.
- Two classes of creditors did not vote, but are assumed to have accepted the plan.
- The next step is for the bankruptcy court to approve the plan. The hearing is scheduled for October 7.
Share your thoughts in the comments! 💬 Do you think FTX can recover with this plan?
