Deniz 
With over 94% of FTX Dotcom customers voting in support, the restructuring administrator of failed bitcoin exchange FTX has released the voting results for its reorganization plan.
Responsible for voting, Kroll Restructuring Administration said in a Monday filing almost all classes of creditors had voted to “accept.” Two types of creditors were assumed to have accepted the plan; they did not return ballots.
With about $6.83 billion in claims by value, the Monday filing revealed that 94.48% of creditors in the “dotcom customer entitlement claims” class who filed their ballots supported the reorganizing plan.
About 89.1% of the creditors in the “U.S. customer entitlement claims” class who sent in ballots voted yes to the plan, corresponding to roughly $60.99 million in claims. Furthermore, voting in support were 95.88% of creditors in the “dotcom convenience claims,” totaling $223.59 million in claims.
According to FTX news releases, under the FTX bankruptcy plan, over 98% of creditors are slated to get at least 118% of their claim value in cash. But the value of the pertinent cryptocurrency at the time determined the evaluation of the bankruptcy claims.
The restructuring team said in August, when the voting stopped, it had “overwhelming preliminary support from all classes of creditors” and that over two-thirds of all sought claims by voting value took part in the solicitation process.
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