Defunct crypto exchange FTX received court approval for its bankruptcy plan and its estate is now clear to repay customers in cash, with interest, using up to $16.5 billion in recovered assets, Reuters reported Oct. 7. The plan US Bankruptcy Judge John Dorsey approved the plan, which includes creditors from over 200 jurisdictions, during a […]
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Court greenlights FTX’s $16.5 billion bankruptcy plan to repay defrauded customers