Regarding the recent FTX hearing results and future prospects:

1. **FTX is unlikely to restart**: What was approved at this hearing was not a "reorganization plan" but a distribution plan for creditor compensation, which means that the possibility of FTX restarting is extremely low.

2. **FTT value is set at 0**: At the hearing, the FTX debtor team once again confirmed that the value of FTT is 0 and classified it as an asset that cannot be realized. Despite this, FTT still has potential value for media hype. If you want to get a larger increase from FTT, you can buy it at a low price and wait patiently for the market hype opportunity 1-2 weeks before the official distribution of the claims.

3. **The plan has not yet officially taken effect**: Although the court has approved the distribution plan, the plan needs to wait for the judge's confirmation order to be issued and will take effect within 90 days. After the plan takes effect, the FTX debtor will begin the first round of distribution to Class 7A creditors within 60 days, so Class 7A creditors are unlikely to receive compensation before the end of this year.