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FTX's asset compensation plan approved, with 98% of creditors to receive up to 118%. "FTX 2.0" struggles to relaunch amid investor challenges.
FTX will set aside $230M in recovered assets to pay "special" shareholders, sparking controversy among creditors ahead of the court hearing on October 7.
Caroline Ellison, ex-Alameda CEO, sentenced to 2 years for her role in FTX's collapse, after cooperating with authorities.
Sam Bankman-Fried, founder of FTX, has filed an appeal against his 25-year prison sentence for fraud charges related to the collapse of the cryptocurrency exchange.