Tuesday, November 12, 2024
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FTX Dotcom Creditors Vote Massively in Favor of Reorganizing Plan

With creditor approval secured, the next step is for the bankruptcy court to confirm the reorganization plan. A hearing is set for Oct. 7. Potential challenges remain, however, including possible objections from the U.S. Securities and Exchange Commission regarding the use of stablecoins for repayments, as previously reported.

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