FTX Says Millions In Ch. 11 Token Claims Should Be Zeroed

[Gunnar Larson]

FTX Says Millions In Ch. 11 Token Claims Should Be Zeroed
<https://www.law360.com/banking/articles/1817675?nl_pk=feb6bbba-7878-4d39-be6e-46810c922ad7&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2024-03-27&read_main=1&nlsidx=0&nlaidx=16>

By Vince Sullivan

Cryptocurrency exchange FTX Trading Ltd. argued in court Tuesday that a
Delaware bankruptcy judge should estimate the claims of customers holding
some digital tokens at a heavy discount for Chapter 11 purposes, including
zeroing out hundreds of millions of dollars in token value.

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<https://www.law360.com/banking/articles/1817675?nl_pk=feb6bbba-7878-4d39-be6e-46810c922ad7&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2024-03-27&read_more=1&nlsidx=0&nlaidx=16>
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