Establishing this would mean the money from these customer accounts should not be distributed to all creditors, as per the U.S. Bankruptcy Code, but rather belong to the account-holding customers, explained Broderick, a cross-border restructuring attorney with experience in crypto bankruptcy cases, including failed exchange Mt. Gox.
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- Source: https://www.coindesk.com/business/2022/12/13/16b-ftx-international-customers-group-hires-law-firm-to-create-official-bankruptcy-committee/?utm_medium=referral&utm_source=rss&utm_campaign=headlines