FTX debtors submit reorganization plan, debt value will be calculated based on token value as of November 2022

2023-12-17 08:36:53

Collection

ChainCatcher message, according to Cointelegraph, FTX debtors submitted a revised reorganization plan. According to the plan documents, the value of the debt will be determined by converting the value of the crypto assets into cash at a specified conversion rate based on the token value as of November 11, 2022.

source

warnning

Risk warning

Related tags

FTX debt restructuring

Related reading

Famous trader: The loss supply of long-term Bitcoin holders has exceeded that during the FTX collapse

2026-07-26 09:08

The bill outlines the rules for handling digital assets in the event of bankruptcy of exchanges or custodial institutions

2026-07-23 00:15

The fifth round of FTX distribution will release approximately $900 million on July 31, with creditors from 45 jurisdictions still excluded

2026-07-21 11:02

FTX will launch the fifth round of creditor distributions on July 31, with a scale of approximately 900 million dollars

2026-07-18 05:47

Related tags

FTX debt restructuring

Mention the project

FTX

Cryptocurrency Exchange

app_icon

ChainCatcher Building the Web3 world with innovations.