🚀 Big news in the DeFi world! 94% of FTX Dotcom creditors just voted to accept the reorganization plan! 🎉
1/ The plan promises to return a whopping 118% of claims in cash to most creditors. That's right, more than they lost! 💸
2/ With $6.83 billion in claims on the line, this is a huge win for the crypto community. Two creditor classes didn't vote but are presumed to accept. 🤷♂️
3/ Next up, the bankruptcy court hearing on Oct. 7. Will the SEC throw a wrench in the works? Stay tuned! 👀
What do you think? Drop your thoughts in the comments! #DeFi #Web3 #FTX