Bankrupt FTX Confirms the Plan to Relaunch the Crypto Exchange
Bankrupt FTX to relaunch crypto exchange, serving offshore clients only, leaving former FTT holders with no entitlement
Creditors are to be grouped into claimant classes, with a potential reboot with third-party investors if agreed collectively
FTX CEO aims for emergence from bankruptcy in Q3 2023, plans amended proposal and disclosure statement in Q4