👉 A US bankruptcy judge has approved FTX’s restructuring plan, allowing 98% of creditors to be repaid in cash, receiving at least 118% of the amount claimed, instead of cryptocurrencies.

FTX’s (FTT) token surged in value following this ruling, jumping more than 67% in an hour, from a low of $$ 2.01 to a high of $$ 3.35.