Odaily News After the U.S. court approved FTX's bankruptcy reorganization plan, FTX CEO and Chief Reorganization Officer John J. Ray III said that the court's confirmation of FTX's compensation plan was an important milestone. FTX will distribute cash to customers and creditors. By rebuilding FTX's books from scratch and mobilizing assets from all over the world, it has recovered billions of dollars. At this stage, it is working hard to finalize the arrangement plan for distributing funds to creditors in more than 200 jurisdictions around the world, and is drafting relevant agreements. It will also hire professional agencies to recover debts from global customers. (Prnewswire)