FTX 2.0 Plans Complete Cash Payment to Creditors, Wipeout FTT Token

In the latest development, the FTX 2.0 Group has unveiled a draft-creditor repayment plan as part of its bankruptcy restructuring process. The newly revamped exchange is planning for settling customer claims in cash while wiping out its native cryptocurrency FTT token. FTX 2.0 is planning to amend this plan based on feedback from stakeholders. Thus,