FTX has submitted a new restructuring plan to return billions of dollars to creditors.

Cryptocurrency exchange FTX Trading Ltd. has submitted its latest restructuring plan, which aims to return billions of dollars to its customers and creditors. This marks the beginning of the final round of arguments in the company's bankruptcy case. The restructuring plan leaves some questions unanswered, including whether FTX will reopen its exchange, how the value of digital tokens will be assessed, and how much creditors will be able to recover. The plan is scheduled to be voted on by creditors next year and then ultimately approved by a US bankruptcy judge. The founder of FTX has been convicted of fraud, leading to the collapse of the company.