FTX creditors seek repayments at current market rates

cryptobriefing.com/ftx-repayment-dispute-plan

Bankrupt crypto exchange FTX unveiled yesterday a new plan to pay out at least 118% of recognized claims to 98% of its creditors. However, the plan faces pushback from Sunil Kavuri, who speaks for the largest group of creditors. Kavuri has called for a rejection of the proposed restructuring, arguing that repayments should reflect the current market prices of assets, not…

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