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FTX bankruptcy judge approves more than $14 billion payback plan

A Delaware bankruptcy judge approved FTX's reorganization plan almost two years after the crypto exchange spiraled into bankruptcy.

By: CNBC

Oct 08 2024
12
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FTX bankruptcy judge approves more than $14 billion payback plan — FTX bankruptcy judge approves

Almost all of the creditors of failed crypto company FTX will end up profiting from the money they put into the exchange, a federal bankruptcy judge ruled Monday. Nearly two years after FTX spiraled into bankruptcy, a Delaware judge approved the comp... [1972 chars]

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