FTX's Controversial Asset Valuation Post-Bankruptcy
FTX's new bankruptcy plan proposes valuing digital assets at the bankruptcy date, potentially disadvantaging creditors.

FTX's new bankruptcy plan proposes valuing digital assets at the bankruptcy date, potentially disadvantaging creditors.
Despite repeated claims that both the international and U.S. exchanges are missing millions worth of customer funds, disgraced ex-CEO SBF says they’re wrong.
Deadline extensions and auctioning distressed assets are on the schedule along with Sam Bankman-Fried’s attorneys entering the chat during the next FTX bankruptcy hearing.
The company will pay employees and vendors, but not former CEO Sam Bankman-Fried or Caroline Ellison.
FTX has agreed to hire BitGo to hold its $740 million of remaining digital assets in cold wallets.
He said that, after the damage was done, SBF should have proactively approached regulators and started answering questions.
FTX filed for bankruptcy Friday; users’ funds stuck on the platform; one marketplace for distressed claims posted bids for a fraction of the original value of claims.
Voyager Digital had been one of the worst-hit crypto lenders of the lender crisis that rocked the market back in Q2 2022.
FTX.US will acquire all of Voyager's crypto assets.
Voyager’s collapse shocked crypto markets earlier this year. It’s close to finding a buyer for its assets.