Creditors

Following the collapse of the FTX exchange, the FTT token collapsed by more than 80% and wiped away over $2 billion in customer value. 

The decision ends the complex case with a creditor-approved plan that will see their partial reimbursement and make them shareholders in a new company.

According to documents filed with the court on February 4, a committee consisting of seven members has been constituted to represent the interests of unsecured…