Court Approves FTX Reorganization Plan, Here’s What’s Next for Creditors

Court Approves FTX Reorganization Plan, Here’s What’s Next for Creditors

FTX has reached a significant milestone in its bankruptcy proceedings as the US Bankruptcy Court for the District of Delaware has officially approved the company’s reorganization plan. This comes nearly two years after the crypto exchange’s historic collapse in November 2022. FTX Bankruptcy Reorganization Plan Approved The confirmed plan, which received overwhelming support from creditors,…