FTX's reorganization plan is live! 🎉 Starting January 3, 2025, eligible users can file claims for repayment. Convenience class users, with claims under $50k, will see funds sooner. But watch out for phishing scams—stay cautious! The plan aims for 98% of users to recover 119% of their funds. However, some creditors aren't thrilled with the valuation based on 2022 crypto prices, especially with Bitcoin now over $98k! Meanwhile, BitGo and Kraken are stepping in to help distribute $16 billion. The FTX saga continues, but there's light at the end of the tunnel! 🚀