FTX Payment Plan Faces Backlash, Clients Slam 2022 Asset Valua | Crypto World ICOs

FTX Payment Plan Faces Backlash, Clients Slam 2022 Asset Valuation as 'Theft,’ Urge Court for Fair Redress

FTX estate debtors to reimburse customer assets based on their value as of Nov. 11, 2022, numerous objections have been raised by customers. A notable objection comes from an FTX client in France, who criticizes the estate for “depleting creditor funds by imposing exorbitant charges for their services.” This customer expresses dissatisfaction with the compensation in fiat currency, particularly given the valuation of crypto assets at a point when “markets were at their lowest in years.”

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