FTX Historian, an account that tracks FTX bankruptcies and payouts, summarised last night's FTX hearing in an X post. The core content of the hearing was that creditors in "restricted jurisdictions" (such as China) would not have their funds confiscated immediately, as proposed in FTX's original recovery plan. Instead, creditors would be allowed to transfer to unrestricted jurisdictions. FTX Historian added that for affected creditors, such as those who completed KYC in China but now live in Sin...