Four residents of the United States FTX His client took legal action on behalf of all investors, claiming that the stock market lost their money. The lawsuit was filed in the state of Delware, where the bankruptcy of the bankrupt cryptocurrency exchange continues.
The four customers defended themselves by including the following words in the joint petition they submitted to the prosecutor’s office:
“FTX exchange and its subsidiary Alamenda Research lost approximately $2 billion in client funds. We want all FTX victims to be compensated for their losses. However, the working process only delays the possible compensation. We want priority, customers should get their money back immediately.”
Alamenda Research former CEO Caroline Ellison admitted that client funds on the FTX exchange were used to close the gap in Alamenda. Plaintiffs argue that there is no law for FTX to transfer funds to another company.
Giant cryptocurrency Due to the bankruptcy of the stock exchange, a committee was formed recently. The committee represents more than 100 companies that will receive from the stock market. Investors who applied to the prosecutor’s office in the state of Delware demand that individual customers take priority in loss compensation.
The chief responsible for all this, FTX founder Sam Bankman-Fried, is on trial pending trial. After SBF was extradited to the United States, he was released on bail worth $250 million.
For exclusive news, analytics and on-chain data Telegram our group, twitter our account and YouTube Follow our channel now! Moreover Android and iOS Start live price tracking right now by downloading our apps!