FTX creditors have agreed to support a revised restructuring plan to be submitted in December

Odaily News FTX officially announced that after extensive discussions with the Non-U.S. Customer Ad Hoc Committee, the Unsecured Creditors Committee and the class action plaintiffs, the FTX Debtors have reached a settlement plan for the customer property dispute. If approved by the bankruptcy court, the settlement agreement will create a Special “gap claims” to benefit customers, as FTX Debtors proposed in July, and facilitate offers to qualifying customers for agreed amounts. All relevant creditor representatives have agreed to support the relevant revised restructuring plan to be submitted before December 16, 2023.