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FTX's revised bankruptcy plan allocates 10-25% to crypto holders and $230M to shareholders, sparking controversy among creditors.
Bitcoin had an excellent weekend, adding more than 3% to its value over the last 24 hours to reach the $40,750 region.
FTX’s native FTT token surged by more than 90% on Thursday following the SEC chair’s comment that investors can reboot the crypto exchange if they do so within the law.
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One of the writers in our team will prepare a detailed review of FTX Token in due course. Stay tuned!