Sam Bankman-Fried will testify at his own trial
SBF's lawyers have said they intend to call the FTX founder to the stand on Oct. 26 to testify in his own defense.
The bankrupt exchange is reportedly eyeing a relaunch of its trading operations.
The amended plan categorizes creditor claims against Genesis Global Holdco into 10 classes, with 4 classes of crypto-denominated unsecured claims divided by currency.
GBTC, the subject of the ruling, gained nearly 6% over 24 hours.
Emmer has championed various crypto-related bills, including one that prohibits the creation of a CBDC.
BlockFi initially halted withdrawals and filed for bankruptcy in November 2022.
Bitcoin's days-long run-up in anticipation of an SEC decision—as well as each sudden contraction—indicates a market on edge.