FTX to set aside up to $230 million for shareholders, not creditors, from gov’t forfeiture proceeds

A last-minute change to the FTX bankruptcy plan has surprised creditors, who reportedly voted overwhelmingly to approve the plan in August. source: https://www.theblock.co/post/318589/ftx-to-set-aside-up-to-230-million-for-shareholders-not-creditors-from-govt-forfeiture-proceeds?utm_source=rss&utm_medium=rss