🔥 FTX's bankruptcy plan is officially approved!

According to the plan, 98% of creditors will be refunded 118% of the amount requested in cash, calculated at the time of FTX's bankruptcy (BTC was only about $16k). But with BTC price now soaring to over $63k, the actual amount received may only be 10-25%, not including taxes if received in cash.

This plan was previously approved by up to 94% of creditors and FTX customers, who accounted for $6.83 billion in compensation claims.

Although approved, the specific time for FTX to start paying is still unknown. Please advise on a x5 x10 plan for creditors to get back to shore! 💸