FTX has opened a billing window, and the billing amounts for major crypto assets such as Bitcoin (BTC), Ethereum, Solana (SOL), and BNB (BNB) are significantly lower than the current market price.
Wu Blockchain research results show FTX billing window Pricing The set is BTC for $16,871, ETH for $1,258, SOL for $16.24, and BNB for $286. These numbers are in sharp contrast to the current market rates of BTC at $62,144, ETH at $3,424.62, SOL at $129.96, and BNB at $411.32.
Cryptocurrency users whose assets were affected by FTX’s bankruptcy are concerned about FTX’s price disparity and question the platform’s fairness and transparency. Many people use the X social platform to express Their concerns demand accountability from FTX.
Amid criticism, PwC issued An official statement on the website provides insight into the situation surrounding FTX. PwC announced that FTX Digital Markets is pursuing a Chapter 11 settlement with FTX Trading and its related debtors, with the aim of consolidating the real estate assets of both companies.
FTX’s official liquidator has notified creditors to submit electronic claims by May 15, 2024. The PwC-managed claims portal is expected to make the first interim distribution in late 2024 or early 2025, with all eligible claims denominated in US dollars.
FTX recently issued a warning statement regarding licensed investment managers. FTX noted that certain unauthorized third parties have begun attempting to bid on behalf of certain FTX debtors, prompting the company to take pre-emptive measures.
Related: SBF Ruling: Letter Highlights Efforts to Recover FTX Funds
In FTX’s first monthly communication to interested parties, sales of digital assets by FTX Debtors mandated by a bankruptcy court order are under the exclusive jurisdiction of Galaxy Asset Management, a court-appointed investment manager. used the X platform to notify creditors of the .
As a result, only Galaxy Asset Management is authorized to process sales offers or purchase requests. The bankrupt exchange advised its stakeholders, particularly institutional investors and compliant buyers, to follow this guidance.
FTX received approval from the U.S. Bankruptcy Court for the District of Delaware to sell more than $1 billion in stock in artificial intelligence (AI) company Anthropic during a February 22 hearing.
magazine: Can we trust virtual currency exchanges after the collapse of FTX?
