Just-In: FTX Creditors And Debtors’ Latest Dispute Overshadows Reorganization Plan

FTX Debtors under chief restructuring officer John J. Ray III criticized traders and market makers among the Official Committee of Unsecured Creditors (UCC) for seeking control over assets. FTX debtors call the UCC’s plan to invest nearly $2.6 billion in cash reserves in short-term Treasuries a bad idea amid FTX 2.0 draft restructuring plan. FTX

The post Just-In: FTX Creditors And Debtors’ Latest Dispute Overshadows Reorganization Plan appeared first on CoinGape.