FTX's non-U.S. customers have applied to establish an official bankruptcy committee, with losses reaching up to $1.6 billion

2022-12-14 08:15:50
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ChainCatcher news, FTX's non-U.S. customers have applied to form an official bankruptcy committee and hired a law firm to protect their ownership of assets. It is reported that this group currently faces losses of up to $1.6 billion, and the committee is led by Eversheds Sutherland attorneys Sarah Paul and Erin Broderick.

Erin Broderick stated that there is an "irreconcilable conflict" between the interests of FTX's non-U.S. customers and other creditors, and the top priority for non-U.S. customers is to determine that the $10 billion transferred from FTX to Alameda is customer funds, not property. (source link)

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