Bankrupt cryptocurrency trading platform FTX has announced that its amended reorganization plan has received significant preliminary support from creditors eligible to vote. The plan, filed with the United States Bankruptcy Court for the District of Delaware, garnered majority approval from all creditor classes, including customers of FTX US and FTX.com. Unofficial reports indicate that over 95% of creditors who voted supported the plan, representing 99% of the total voted claims. FTX stated that more than two-thirds of solicited claims by voting value participated in the process. The company expects the plan to meet the necessary acceptance thresholds under the US bankruptcy code. FTX plans to submit the final vote results before the confirmation hearing on Oct. 7. CEO John Ray III expressed gratitude for the strong support and pledged to collaborate with creditors and the court moving forward. Read more AI-generated news on: https://app.chaingpt.org/news