Le plan de restructuration de FTX avance, la distribution aux créanciers débutera début 2025

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Wu learned that, according to PR Newswire, FTX Trading Ltd. and its affiliated debtors announced that the final prerequisites for the completion of the Chapter 11 restructuring plan will be completed, and the plan will take effect in early January 2025, paving the way for the distribution to creditors and clients. CEO John J. Ray III said that the initial distribution will be conducted within 60 days after the plan takes effect, and clients need to establish an account and complete KYC verification at the distribution agency. FTX expects to reach a protocol with the distribution agent in early December, announce the specific effective date at the end of December, and continue to advance the debt recovery work.

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