Odaily Planet Daily News FTX Trading Ltd. and its affiliated debtors announced that the revised reorganization plan submitted to the U.S. District Court for the District of Delaware has received preliminary support from all classes of creditors entitled to vote, including FTX U.S. and FTX Dotcom customer classes. Unofficial voting reports show that more than 95% of voting creditors support the plan, accounting for 99% of the value of voting claims. More than 2/3 of all solicited claims participated in the debtor's solicitation process, calculated by voting value. Based on these results, the plan is expected to exceed the acceptance threshold set by the Bankruptcy Code. FTX CEO and Chief Restructuring Officer John J.Ray III said: "The innovative structure of the plan provides for the return of 100% of the bankruptcy claim amount and interest to non-government creditors and the resolution of complex disputes with dozens of government and private stakeholders. We will continue to work constructively with creditors and the court in the coming weeks until the confirmation hearing." Before the confirmation hearing is scheduled to begin on October 7, 2024, FTX will submit the final voting results to the U.S. Bankruptcy Court for the District Court of Delaware. (PR Newswire)