FTX has outlined its meant reorganization plan, which is able to categorize claimants of the bankrupt change into particular lessons and pave the best way for it to grow to be operational as an offshore entity. Nonetheless, a physique representing FTX clients stated it’s “extraordinarily disenchanted” by the plan.
FTX’s Official Committee of Unsecured Collectors (UCC) stated regardless of its repeated requests and former guarantees from the staff, it “didn’t have a single name or assembly” with FTX to debate the plan. The UCC warned it would put ahead its personal plan for FTX clients to vote on if it continued to be ignored.
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