US trustee and creditors object to FTX restructuring plan

Andrew Vara, the US trustee in the FTX bankruptcy case, has filed an objection to the FTX restructuring plan, citing ten flaws. His biggest concerns are that liquidators want creditors to bear the cost of last year’s data breach with FTX service provider Kroll and the unequal treatment of the creditors. The opposition could further […] source: https://www.cryptopolitan.com/us-trustee-and-creditors-object-to-ftx-plan/