In a bid to recover funds from the bankrupt crypto exchange, FTX customers have filed a class action lawsuit against the firm’s top officials. The complaint holds the name of House arrested Sam Bankman-Fried (SBF). Customers seek a proclamation over the FTX’s holdings of digital assets related to them.
FTX, SBF in big trouble?
As per the complaint, FTX’s customer class members don’t want to stand in line with the creditors in the bankruptcy proceedings. This is marked as the latest legal attempt by the customers to lay their hands on the slumped estate assets of the FTX Group and Alameda.
However, a Bankruptcy lawsuit filed in Delaware suggests that the collapsed exchange pledged to keep customer accounts segregated. This is done in order to save them from being misappropriated in the case and let the customers get repaid first.
The post Just-In: FTX, SBF Slammed With Class Action Lawsuit; Users Last Chance For Repayment? appeared first on CoinGape.
