FTX Creditors’ Lawyers Promote Deal Giving Investors 90% of What’s Left in SBF’s Empire

But the bankruptcy negotiation was always aimed toward a settlement, because it gets money into people’s hands much more quickly, Paul explained. The lawyers have until Dec. 1 to get a 75% approval rate from the 60 individuals and entities in their group and with any investors who sign up as members in the coming weeks.

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• Source: https://www.coindesk.com/policy/2023/10/23/ftx-creditors-lawyers-promote-deal-giving-investors-90-of-whats-left-in-sbfs-empire/?utm_medium=referral&utm_source=rss&utm_campaign=headlines