FTX creditor group representatives plan to initiate a vote against the compensation plan

2024-05-08 21:32:21
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ChainCatcher news, according to The Block, Sunil Kavuri, a representative of the creditor group of the bankrupt cryptocurrency exchange FTX, has suggested voting against its compensation plan. Sunil Kavuri insists that when FTX filed for bankruptcy, cryptocurrency should be paid in kind rather than based on its dollar value.

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