FTX Bankruptcy Plan Confirmed with High Recovery Rates

10/7/2024 7:14:19 PM

According to Thomas Braziel, the bankruptcy plan for FTX has been confirmed with all objections overruled. Creditors are expected to receive a recovery in the range of 120-150% in dollarized terms. The primary remaining issue is related to the language used in the confirmation order. (Source)

FTX recovery creditors bankruptcy plan

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