[Blockchain News] FTX bankruptcy reorganization plan sparks debate, creditors demand compensation in the form of cryptocurrency! 😮
According to BlockBeat, on June 26, at FTX's bankruptcy hearing, a disclosure statement involving the reorganization plan sparked a heated debate. FTX's representative lawyer said they were preparing to solicit votes for the reorganization plan, one of the purposes of which was to obtain feedback from creditors.
FTX announced a reorganization plan in May, allowing creditors with claims of less than $50,000 to receive 118% compensation after court approval. However, some creditors objected to this, believing that payment should be made in the form of cryptocurrency rather than in the dollar value when FTX filed for bankruptcy in November 2022.
This incident has attracted widespread attention in the market. Are the creditors' demands reasonable? Can FTX's reorganization plan proceed smoothly? These are all issues that everyone is concerned about. In this regard, we welcome everyone to speak freely in the comment area and discuss this topic together.