FTX to start paying back creditors this month… “Not possible as court approval has not yet been obtained”

Cointelegraph reported on the 30th that industry expectations that the FTX bankruptcy estate would repay funds to creditors and customers are not true.
On the same day, Cointelegraph reported that the bankruptcy estate had not yet received court approval for the repayment plan.
They said, "According to the Chapter 11 (bankruptcy protection) update filed by FTX to the court, the court announced on October 7th that it would consider restructuring including the above.
The plan will be reviewed by the court, and those with claims of less than $50,000 at the time the plan is approved may be eligible to receive reimbursement starting at the end of this year.
"If we claim more than that amount, it may be difficult to get reimbursed until the second quarter of next year," he said.
"I can't," he added.