FTX Trading is proposing a plan to return money to creditors as part of its bankruptcy case. The proposal involves liquidating most of the firm's cryptocurrencies and valuing the assets in cash based on their value at the time of the bankruptcy filing on November 11, 2022. Creditors will vote on the proposal before it goes to U.S. Bankruptcy Judge John Dorsey for final approval. Major creditor and customer groups have tentatively approved the plan, but it does not clarify if FTX will resume operations or how much creditors will receive. FTX has been allowed to sell assets, including its subsidiary LedgerX for $50 million.