The FTX Debtors estate has filed an amended Chapter 11 reorganization plan, leading to confusion among investors and creditors.

The plan suggests valuing crypto claims at the time of FTX's bankruptcy filing, not current market values.

FTX owed over $8.7 billion to its customers and creditors at the time of filing for bankruptcy.

Despite rising cryptocurrency prices, creditors will be reimbursed through the sale of trust assets worth $873 million.

There are potential losses for creditors due to the retroactive valuation of customer asset claims.

FTX founder Sam Bankman-Fried has been found guilty of fraud, facing potential prison time.

The IRS's claim of $24 billion in unpaid taxes complicates the bankruptcy case and might impede the return of customer funds.

The reorganization plan awaits approval from certain classes of creditors.