The FTX restructuring plan has received support from the majority of creditors and is set to submit the final voting results by October 7

2024-08-22 20:17:40
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ChainCatcher news, according to Cointelegraph, FTX and its affiliated debtors stated in an announcement that their amended reorganization plan submitted to the U.S. Bankruptcy Court for the District of Delaware has received majority support from all classes of voting-eligible creditors, including customers of FTX US and FTX Dotcom.

FTX cited an unofficial voting report indicating that over 95% of the creditors who submitted votes supported the plan. FTX also stated that it will submit the final voting results to the bankruptcy court before the confirmation hearing on October 7.

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