US Court Approves FTX Asset Compensation Plan for Victims
After nearly two years of waiting, FTX’s restructuring plan was finally approved by the court on October 7. Creditors can expect to receive their money back, though some dissenting opinions remain.
In May, the entity overseeing the bankrupt crypto exchange, FTX, announced its compensation plan. The entity estimated that more than $16 billion in assets could be successfully recovered,...
