FTX, the collapsed cryptocurrency exchange, is moving forward with a Chapter 11 reorganization plan aiming to compensate victims and address regulatory fines arising from its downfall in November 2022. This plan’s progress is marked by Judge John Dorsey’s decision, which signifies a crucial advancement in the two-year-long bankruptcy procedure, with creditor voting being essential for restructuring. Despite receiving backing from significant customer committees, there is still a fac...
