After the implosion of FTX, administrators KordaMentha described receiving hundreds of emails from distressed customers who suffered losses ranging from $40,000 to $1 million.
FTX Australia administrators have unearthed $42 million in bank accounts linked to the local FTX operations, but warn “very significant” sums are still outstanding for the customers reeling from the dramatic collapse of global crypto exchange FTX.
“We have empathy for those many thousands of FTX customers in Australia seeking clarity,” a spokesperson for KordaMentha said in a statement. , ASIC has suspended this licence. In the affidavit, administrators have confirmed there is $3 million in an FTX Australia account.The second entity is FTX Express, which was largely used for local customers to purchase crypto with Australian dollars. Administrators have confirmed there is $39 million in an account related to FTX Express.
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