FTX customers file a class action lawsuit, emphasizing that the digital assets held on the FTX platform belong to the customers

2022-12-28 09:06:10
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ChainCatcher news, FTX customers have filed a class action lawsuit against FTX and former executives such as SBF, seeking a declaration that the digital assets held by the company belong to the customers. It is reported that the plaintiffs aim to represent over 1 million FTX customers in the U.S. and abroad, emphasizing that traceable customer assets are not the property of FTX.

According to the complaint filed in the U.S. Bankruptcy Court for the District of Delaware, the plaintiffs request the court to declare that the funds held in FTX US accounts for U.S. customers, the funds held in FTX Trading accounts for non-U.S. customers, or other traceable customer assets do not belong to FTX property.

Additionally, the plaintiffs also seek a clear ruling from the court that the traceable assets held by Alameda are not the property of Alameda. If the court determines that these are FTX's assets, then FTX customers should have priority repayment rights over other creditors. (Reuters)

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