$FTT ChainCatcher Message, according to documents from the Delaware bankruptcy court, FTX has officially withdrawn the previously submitted motion to restore the trust, which was originally planned to implement a 'restricted procedure' in certain foreign jurisdictions to advance the execution of the restructuring plan.
After expressing objections during the hearing on October 23, the motion has been unconditionally withdrawn, marking a phased victory for the affected creditors in their pursuit of rights. If the procedure is intended to be restarted in the future, a new motion must be submitted and the notification process must be followed.
