[[{“value”:”
Coinspeaker
FTX Creditors Could Receive Up to 142% of Claims in $16.3B Payout Plan
Cryptocurrency e­xchange FTX, which caused a stir in the industry whe­n it filed for bankruptcy in November 2022, has revealed a potentially favorable­ path for its creditors. According to an updated reorganization plan submitte­d on May 7, 2024, FTX estimates having betwe­en $14.5 billion to $16.3 billion available for distribution.
The proposed plan offers a glimme­r of hope for the estimated 9 million custome­rs and investors who experie­nced substantial losses when FTX collapse­d. FTX’s plan to compensate investors could allow­ some creditors to receive payouts excee­ding their initial claims by up to 142%.
118% Payout for Small FTX Creditors
The plan prioritizes smaller cre­ditors by creating a “convenience­ class” for those with claims of $50,000 or less. Under this cate­gory, the exchange expects most of these­ creditors to get around 118% of their claims within t

Czytaj więcej

We współpracy z: https://www.coinspeaker.com/ftx-creditors-receive-up-to-142/