“We are pleased to be in a position to propose a chapter 11 plan that contemplates the return of 100% of bankruptcy claim amounts plus interest for non-governmental creditors,” the bankrupt FTX’s liquidation CEO John Ray said in a statement when the final plan, which was based on a recovery of as much as $16.3 billion in assets, was announced in May. “I want to thank all the customers and creditors of FTX for their patience throughout this process.”

Go to Source to See Full Article
Author: Jesse Hamilton