FTX Debtors Report Settlement of Customer Property Disputes

FTX debtors announced a proposed settlement of customer property disputes in their pending chapter 11 cases.

• The customer shortfall settlement will be proposed as part of an amended plan of reorganization to be filed by the FTX Debtors by Dec. 16
• If approved by the bankruptcy court, the settlement would resolve the customer property litigation filed against the FTX Debtors and facilitate confirmation of the amended plan in 2Q 2024

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