CoinFLEXs

Crypto Futures Exchange CoinFLEX’s Creditors to Own 65% of Firm After Reorganization

In the reorganization creditors would own 65% of CoinFLEX. Meanwhile, existing Ordinary Series A shareholders, including the CoinFLEX founders, would lose their equity stakes. Series B investors are to remain shareholders and can be incentivized with future equity over time in the event they bring value to the business. Source