$FTT Stock restructuring process.
First, declare bankruptcy.
Second, go through the bankruptcy procedure and auction the equity.
Third, the new shareholders bid for the shares, sign a bet agreement, and put in new assets at the same time through the shell.
Therefore, the court's declaration of bankruptcy is the first step in the restructuring.
FFT bankruptcy reorganization. The difficulty lies in when the user's losses can be compensated. Only after the announcement of the start of compensation can the new shareholders enter the market. The announcement of the start of compensation means that the bankruptcy procedure can be followed and the restructuring can be carried out.