FTX releases restructuring plan, hints at rebooted offshore exchange
Reams of dockets from FTX have been filed alongside a proposed reorganization plan that could see it resurrected as an offshore exchange.
Reams of dockets from FTX have been filed alongside a proposed reorganization plan that could see it resurrected as an offshore exchange.
Customers will soon be able to load up the Voyager app and see how much will be available for withdrawal.
The agreement came on the back of “good faith, arm’s length negotiations” with FTX’s debtors, the museum said.
When FTX tried to sell the platform after filing for bankruptcy, the top bid was for just $1 million, representing a 99.5% decline in value.
Daniel Friedberg, the former top compliance chief for FTX and FTX US, has provided a declaration that could support the lawsuit.