FTX’s Reorganization Plan Secures Support from Over 94% of Dotcom Creditors

The beleaguered FTX cryptocurrency exchange has received significant backing for its proposed reorganization plan. Kroll Restructuring Administration, the restructuring administrator, reported that over 94% of Dotcom voting creditors expressed their support. The results were disclosed in a filing on Monday. It reflects a strong consensus among various classes of creditors, paving the way for potential The post FTX’s Reorganization Plan Secures Support from Over 94% of Dotcom Creditors appeared first on Coin Edition .

Source: Coin Edition