Golden Finance reported that FTX's bankruptcy reorganization plan has sparked heated debate in the Delaware Bankruptcy Court. FTX lawyers and creditors discussed the disclosure statement at a hearing on Tuesday. The statement provides creditors with information to help them decide whether to accept the reorganization plan. FTX plans to pay at least 118% of the claim amount to 98% of creditors, but some creditors want to be paid in cryptocurrency instead of cash. Judge John Dorsey needs to approve the plan, and creditors will then vote to confirm that the hearing will be held later this year. The next hearings are scheduled for July 17 and August 15.