“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.”
Source: https://www.coindesk.com/policy/2024/10/28/ftxs-228m-settlement-with-bybit-brings-conclusion-of-epic-liquidation-closer/?utm_medium=referral&utm_source=rss&utm_campaign=headlines