Over 1 Million FTX Customers Filed Class Actions To Get Their Money Back
On December 28, FTX customers filed a class-action lawsuit against crypto exchange FTX and its former executives (including SBF), asking the court to declare that the assets digital assets held by the company belong to the customer, according to Reuters. The lawsuit seeks to represent more than 1 million FTX customers in the United States and abroad. The lawsuit asks the court to declare that funds are held in FTX US accounts for US customers, funds are held in FTX Trading accounts for non-US customers, or other traceable customer assets are not the property of FTX.the customer will ask for a ruling that they have priority over other creditors.
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