Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
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FTX has submitted a restructuring plan, and the offshore exchange will resume operation to address client shortfall.
2023-08-01 02:45
Odaily News: The FTX 2.0 Coalition, a group of FTX creditors, announced on Twitter that FTX has submitted a restructuring plan. The key information at present includes: all non-customer claims (such as the US Internal Revenue Service) will be subordinate, the amount of FTT claims will be zero, and offshore exchanges will resume to compensate for customer losses.
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