CoinFLEX Creditors Overwhelmingly Back Restructuring Plan in Early Voting

CoinFLEX’s creditors have overwhelmingly backed the crypto exchange’s restructuring plans in the early hours of voting on the proposals. The company plans to turn over 65% of its equity to creditors and vest 15% to employees. After almost five hours of voting today, tokens representing more than 99% of creditor assets had agreed to the proposed restructuring deal, according to a poll on Snapshot. Voting is due to end on Tuesday.