FTX Cleared to Solicit Creditor Votes on Cash Repayment Plan Amid Cryptocurrency Value Dispute

Bankruptcy court approves FTX’s liquidation plan. Creditors to receive repayments in cash rather than cryptocurrencies. Issues surrounding repayment values based on past crypto valuations. FTX receives court approval for its liquidation plan, with customers set to be repaid in cash, sparking debate over the fairness of the repayment amounts. FTX’s Liquidation Plan Gains Court Approval

Source: CoinOtag