Cryptocurrencies

    FTX bankruptcy plan paves way for phase of repaying creditors

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    FTX Trading Ltd. has revealed a crucial bankruptcy plan, marking a significant step in repaying creditors in one of the cryptocurrency industry's most contentious cases.

    The plan includes a cash payout following substantial asset liquidation.

    However, it also raises crucial questions regarding the company's future and how creditors will be reimbursed.

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