October 17th, FTX officially announced that after extensive discussions with the Non-US Customer Special Committee, the Unsecured Creditors Committee, and the Collective Litigation Plaintiffs, FTX debtors have reached a proposed settlement regarding customer asset disputes.

If approved by the bankruptcy court, this settlement will create a special "differential claim" to benefit customers, as proposed by FTX debtors prior to July, and facilitate offers to eligible customers at the agreed-upon amount. All relevant creditor representatives have agreed to support the related amended restructuring plan to be submitted on December 16th, 2023.