FTX names Kroll as claims agent, to update users on bankruptcy developments

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FTX names Kroll as claims agent, to update users on bankruptcy developments
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FTX has hired restructuring firm Kroll to compile a database of claims against them and notify interested parties of developments in its bankruptcy case.

At the time of writing, this database lists only eight claims, including one from Singaporean-based blockchain development firm Ethereal Tech for $11.7 million, but will soon be fleshed out as more claims against the group are lodged.

The eight claims currently included already amount to $40.9 million, though FTX Trading alone is understood toWithin the filing, the firm has also compiled a list of interested parties it will keep updated on developments, which it acknowledges is incomplete and does not currently include customers. Some noteworthy names included in the list are National Australia Bank , Apple, Facebook, JPMorgan, Chainalysis, Wells Fargo, Bank of America, Circle, Stephen Curry, Reddit, and Yuga Labs., and corporate securities lawyer Margaret Rosenfeld told Cointelegraph it will take years before any begin to receive any funds back, adding:

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