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FTX Creditor Committee: The restructuring plan and disclosure statement are being evaluated, and objections to the disclosure statement must be submitted by June 5

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2024-05-08 13:46:08
On May 8, the FTX Committee of Unsecured Creditors announced via social media that FTX debtors filed a revised reorganization plan and corresponding disclosure statement on May 7. The committee is currently evaluating the plan and has not become a "supporting party" in the definition. Objections to the disclosure statement must be submitted by June 5, 2024.
The Unsecured Creditors Committee emphasized that it is of paramount importance to maximize the benefits of creditor recovery and to minimize the time to achieve this goal. The Committee will continue to provide updates and encourages creditors to follow for further updates through the FTX_Committee pages on Threads and Reddit.
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