On Dec. 27, 2023, FTX debtors released a projected valuation of claims involving digital assets, with the proposal suggesting conversion of claims into dollar amounts pegged to crypto asset values as of Nov. 11, 2022. Consequently, an individual who held bitcoin on FTX would receive $16,871 for each coin, in contrast to the current value of $42,800 per bitcoin. People who had funds on FTX and are now navigating the bankruptcy proceedings are less than satisfied with the proposed claims estimates by the debtors. The latest documentation provided by the FTX estate indicates that the “Digital Asset Conversion Table” adheres to section 502(b) of the bankruptcy code, mandating that claims be assessed at the time of the Chapter 11 petition filing.
LIVE
Mkt Cap $2.29T
BTC Dom 56.78 %
BTC
$64,881.00
▲ +0.90%
ETH
$1,913.39
▲ +0.60%
USDT
$0.999471
▲ +0.00%
BNB
$590.68
▼ -0.30%
USDC
$0.999698
▲ +0.00%
XRP
$1.03
▼ -0.90%
SOL
$73.68
▲ +1.40%
TRX
$0.327627
▲ +0.20%
FIGR_HELOC
$1.03
▲ +1.10%
HYPE
$54.00
▼ -3.80%
DOGE
$0.069732
▲ +0.80%
USDS
$0.999888
▲ +0.00%
RAIN
$0.012713
▲ +1.40%
LEO
$9.76
▲ +0.00%
ZEC
$506.96
▲ +0.80%
ADA
$0.200274
▼ -0.30%
XMR
$379.28
▲ +2.70%
WBT
$56.12
▲ +0.80%
LINK
$8.17
▼ -0.30%
XLM
$0.161742
▲ +0.00%
DAI
$0.999718
▲ +0.00%
BCH
$214.72
▲ +1.00%
USD1
$0.999827
▲ +0.00%
USDE
$0.99969
▲ +0.00%
GRAM
$1.35
▼ -1.40%
Mkt Cap $2.29T
BTC Dom 56.78 %
BTC
$64,881.00
▲ +0.90%
ETH
$1,913.39
▲ +0.60%
USDT
$0.999471
▲ +0.00%
BNB
$590.68
▼ -0.30%
USDC
$0.999698
▲ +0.00%
XRP
$1.03
▼ -0.90%
SOL
$73.68
▲ +1.40%
TRX
$0.327627
▲ +0.20%
FIGR_HELOC
$1.03
▲ +1.10%
HYPE
$54.00
▼ -3.80%
DOGE
$0.069732
▲ +0.80%
USDS
$0.999888
▲ +0.00%
RAIN
$0.012713
▲ +1.40%
LEO
$9.76
▲ +0.00%
ZEC
$506.96
▲ +0.80%
ADA
$0.200274
▼ -0.30%
XMR
$379.28
▲ +2.70%
WBT
$56.12
▲ +0.80%
LINK
$8.17
▼ -0.30%
XLM
$0.161742
▲ +0.00%
DAI
$0.999718
▲ +0.00%
BCH
$214.72
▲ +1.00%
USD1
$0.999827
▲ +0.00%
USDE
$0.99969
▲ +0.00%
GRAM
$1.35
▼ -1.40%
BTC
$64,881.00
▲ +0.90%
ETH
$1,913.39
▲ +0.60%
USDT
$0.999471
▲ +0.00%
BNB
$590.68
▼ -0.30%
USDC
$0.999698
▲ +0.00%
XRP
$1.03
▼ -0.90%
SOL
$73.68
▲ +1.40%
TRX
$0.327627
▲ +0.20%
FIGR_HELOC
$1.03
▲ +1.10%
HYPE
$54.00
▼ -3.80%
DOGE
$0.069732
▲ +0.80%
USDS
$0.999888
▲ +0.00%
RAIN
$0.012713
▲ +1.40%
LEO
$9.76
▲ +0.00%
ZEC
$506.96
▲ +0.80%
ADA
$0.200274
▼ -0.30%
XMR
$379.28
▲ +2.70%
WBT
$56.12
▲ +0.80%
LINK
$8.17
▼ -0.30%
XLM
$0.161742
▲ +0.00%
DAI
$0.999718
▲ +0.00%
BCH
$214.72
▲ +1.00%
USD1
$0.999827
▲ +0.00%
USDE
$0.99969
▲ +0.00%
GRAM
$1.35
▼ -1.40%
Mkt Cap $2.29T
BTC Dom 56.78 %
BTC
$64,881.00
▲ +0.90%
ETH
$1,913.39
▲ +0.60%
USDT
$0.999471
▲ +0.00%
BNB
$590.68
▼ -0.30%
USDC
$0.999698
▲ +0.00%
XRP
$1.03
▼ -0.90%
SOL
$73.68
▲ +1.40%
TRX
$0.327627
▲ +0.20%
FIGR_HELOC
$1.03
▲ +1.10%
HYPE
$54.00
▼ -3.80%
DOGE
$0.069732
▲ +0.80%
USDS
$0.999888
▲ +0.00%
RAIN
$0.012713
▲ +1.40%
LEO
$9.76
▲ +0.00%
ZEC
$506.96
▲ +0.80%
ADA
$0.200274
▼ -0.30%
XMR
$379.28
▲ +2.70%
WBT
$56.12
▲ +0.80%
LINK
$8.17
▼ -0.30%
XLM
$0.161742
▲ +0.00%
DAI
$0.999718
▲ +0.00%
BCH
$214.72
▲ +1.00%
USD1
$0.999827
▲ +0.00%
USDE
$0.99969
▲ +0.00%
GRAM
$1.35
▼ -1.40%
