According to Bloomberg, FTX has resolved a $24 billion claim from the US Internal Revenue Service (IRS), which is only a small portion of the total claimed debt. This is undoubtedly good news for general creditors.
After the restructuring plan took effect, the IRS can receive $200 million within 60 days, and if funds are sufficient, an additional $685 million.
FTX has previously stated that if the court accepts the IRS’s argument, users can receive compensation.
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