FTX's motion to reinstate the trust and withdraw "restricted jurisdiction proceedings" marks a partial victory for creditors.

The original plan was to implement "restricted procedures" in certain foreign jurisdictions to advance the restructuring plan. After the court objected at the hearing on October 23, the motion was unconditionally withdrawn, marking a partial victory for the affected creditors in their fight for their rights. If the process is to be restarted in the future, a new motion must be submitted and the notification procedure fulfilled.