Bankrupt FTX seeks court approval to estimate its customers’ digital asset claims in U.S. dollars, according to a Dec. 27 court filing. The exchange clarified that the action was essential to prevent any hindrance in the bankruptcy proceeding, adding that: “The liquidation of every individual Claim in respect of a Digital Asset is impractical and unnecessary […]
The post FTX faces backlash after proposed estimation of customers’ Bitcoin at $16k appeared first on CryptoSlate.
Originally appeared here:
FTX faces backlash after proposed estimation of customers’ Bitcoin at $16k