FTX.com

Crypto exchange FTX announced its intention to refund more than 90% of the funds to its customers. This decision is part of the revised Plan of Reorganization, which is expected to be submitted by Dec. 16, 2023. If the plan gains approval from the bankruptcy court, distributions could...

FTX recently detailed its proposed restructuring plan, which aims to facilitate the exchange's revival as an offshore entity. Documents submitted on July 31 include a draft plan that describes the disgraced company's planned approach to resolving an "exceptionally large and complicated...