FTX creditors have again opposed the reorganization plan, arguing that cash reimbursements will trigger taxable events, resulting in unjustified expenses for creditors.

According to the creditors, the reorganization plan:

⚫ Is unconfirmable as a matter of law

⚫ Includes releases not in the interest of the estate

⚫ Ignores property rights issues

⚫ Does not satisfy the best interest test

They suggested asset reimbursement in kind as a potential remedy.