Wu Blockchain (@WuBlockchain): According to PR Newswire, FTX Trading Ltd. and its affiliated debtors announced they are finalizing the Chapter 11 reorganization plan, expected to ta…
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According to PR Newswire, FTX Trading Ltd. and its affiliated debtors announced they are finalizing the Chapter 11 reorganization plan, expected to take effect in January 2025. CEO John J. Ray III stated initial distributions will begin within 60 days of the effective date, requiring customers to set up accounts, complete KYC, and submit tax forms. prnewswire.com/news-releases/…