FTX Announces Effective Date For Chapter 11 Reorganization Plan: January 3, 2025 | TheSpuzz

FTX Announces Effective Date For Chapter 11 Reorganization Plan: January 3, 2025 | TheSpuzz

Source: Bitcoinist After years of uncertainty, the defunct cryptocurrency exchange FTX, previously led by convicted founder Sam Bankman-Fried, has announced the effective date for its Chapter 11 reorganization plan aimed at distributing funds to affected customers. Initial Distribution Date Set On Monday, FTX Trading Ltd. and its affiliated debtors revealed that their court-approved Chapter 11…

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