Home Cryptocurrency Almost all FTX creditors will recover 118% of their funds in cash, Estate says in new plan

Almost all FTX creditors will recover 118% of their funds in cash, Estate says in new plan

by SuperiorInvest

Bankrupt cryptocurrency exchange FTX has proposed a new reorganization plan that would see a whopping 98% of its creditors recover 118% of their claims – in cash – within 60 days of court approval, according to new documents filed on Tuesday night.

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