CoinFlex creditors overwhelmingly supported the restructuring plan in an early vote

According to Chain Catcher, The Block reported that in the early stages of voting on the CoinFlex restructuring proposal, creditors of CoinFlex overwhelmingly supported the cryptocurrency exchange's restructuring plan. According to Snapshot, after nearly five hours of voting today, over 99% of creditors agreed to the proposed restructuring plan. It is reported that this voting will end on Tuesday. According to the restructuring plan, CoinFlex plans to transfer 65% of the equity to creditors, with 15% of the equity belonging to employees.

Previously, Chain Catcher reported in August that CoinFLEX had applied for restructuring in Seychelles and would seek approval from depositors and the court to issue rvUSD tokens, CoinFLEX shares, and locked FLEX tokens to depositors. (Source link)