@nicholashall
Nicholas Hall
1 month
@MrPurple_DJ Really anxious to see the Examiner's report. Hopefully, it's not heavily redacted. But yes, UCC and AHC should get post-confirmation control. Found it interesting that the plan states no creditor can serve on the post-confirmation administrator board.
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@MrPurple_DJ
Mr. Purple 🛡️
1 month
Agree with all of this plus the Release and Exculpation provisions plus complete post-confirmation control with no oversight/accountability.
@nicholashall
Nicholas Hall
1 month
FTX Plan Takeaways You've likely heard claims below $50k get 118%. Claims over $50k get 127% to 142% over time. Now that we have that out of the way, let's talk about the hidden pitfalls in the plan. Below is what I don't like about the plan. 🧵👇
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@MrPurple_DJ
Mr. Purple 🛡️
1 month
@nicholashall I’m not a creditor… 🤔
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