👍

🚨 FTX Bankruptcy Plan Approved! 🚨

After 13 months of litigation, the court has approved FTX’s restructuring plan, paving the way for creditor payments. 💰 Over 95% of creditors supported the plan, which calls for 90% of the distributed assets to be returned to customers, including FTX.com and FTX US users.

🌐 Key points:

The payments will be made in cash based on the value of the assets at the time of bankruptcy (November 2022). However, many customers are concerned that cryptocurrencies have increased significantly in value since then, which could lead to losses.

If the plan is rejected, FTX will face Chapter 7 liquidation, which could significantly reduce the payments. 😱

The full plan is expected to be implemented in 2024. 📅

#FTX #КриптоНовости #Банкротство #Криптовалюты #Payments#Blockchain #DeFi