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FTX Creditors' Lawyers Promote Deal Giving Investors 90% of What's Left in SBF's Empire

Lawyers for non-U.S. creditors of FTX are arguing that they've got a great deal in the exchange's bankruptcy, giving those who had funds in FTX.com 90% of the liquidation.

By Jesse Hamilton|Edited by Nikhilesh De

Updated Oct 25, 2023, 2:54 p.m. Published Oct 23, 2023, 7:18 p.m.

Close up of former FTX CEO Sam Bankman-Fried — Creditors have to decide soon whether a deal struck in the FTX bankruptcy gives them a satisfactory share of the remnants of former CEO Sam Bankman-Fried's firm.