Tuesday, August 1, 2023

Court filings: FTX Group details a draft plan to repay creditors, including settling claims in USD and wiping out FTT; seven classes of creditors can now vote (Jeremy Hill/Bloomberg)

Jeremy Hill / Bloomberg:
Court filings: FTX Group details a draft plan to repay creditors, including settling claims in USD and wiping out FTT; seven classes of creditors can now vote  —  - Customer claims to be valued in US dollars as of bankruptcy  — Company hasn't ruled out rebooting offshore exchange



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Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researchers quit via Slack during an all-hands (The Information)

The Information : Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researc...