cryptonews
2023-08-02 19:00:00

FTX Proposes Rebooting Exchange for Offshore Customers in Bankruptcy Plan, FTT Token Holders Left Empty-Handed

The bankrupt crypto exchange FTX’s new management has proposed to reboot the exchange for offshore customers only, but holders of the FTT token would not benefit from the plan. In a recent filing, FTX’s management proposed to group the various creditors into different classes as a way for them to receive the claims they are entitled to.... Read More: FTX Proposes Rebooting Exchange for Offshore Customers in Bankruptcy Plan, FTT Token Holders Left Empty-Handed

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.