FTX reorganization plan begins; users cautioned on phishing scams

The reorganization plan for the bankrupt cryptocurrency exchange FTX, which began its bankruptcy proceedings in November 2022, went into effect on January 3. This will enable users to begin receiving repayments. The FTX Debtors Plan of Reorganization is effective today, January 3, 2025. Today is also the initial distribution record date for holders of allowed claims in the Plan’s Convenience…   

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