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FTX debtors submit reorganization plan, debt value will be calculated based on token value as of November 2022

2023-12-17 08:36:53
Collection

ChainCatcher message, according to Cointelegraph, FTX debtors submitted a revised reorganization plan. According to the plan documents, the value of the debt will be determined by converting the value of the crypto assets into cash at a specified conversion rate based on the token value as of November 11, 2022.

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