FTX’s updated bankruptcy plan allocates 10-25% to cryptocurrency holders and $230 million to shareholders, creating controversy among creditors.

This new arrangement made by FTX during the bankruptcy process stipulates that cryptocurrency holders and shareholders will receive different rates of payment. While an allocation of 10-25% is made to cryptocurrency holders, the allocation of $230 million to shareholders has created serious dissatisfaction and controversy among creditors.

This development further deepens the atmosphere of uncertainty and insecurity in the cryptocurrency market.