Proposed re-organization plan provides a pathway for a specific class of debtors to pool assets to create a new, offshore exchange.
The bankruptcy administrators have filed a proposed plan that would see a possible restart of FTX.com.
The re-booted exchange would only be available to offshore customers.
FTT token holders would get nothing, under the plan.
Defunct crypto exchange FTX has proposed to organize its creditors into different classes of claimants, and has provided a pathway for one class of claimants to restart the FTX exchange with third-party investors – should the group agree to it.
