Debtors of cryptocurrency exchange FTX have proposed using a conversion table to assess claims by customers based on the asset's value at the time of the company's petition for bankruptcy in November.
The revised Chapter 11 reorganisation plan was submitted to the District of Delaware's bankruptcy court in the US and emphasised that "customer entitlement claim" refers to any claim, regardless of its nature.
On 11 November 2022, FTX and 130 affiliated companies filed for bankruptcy when Bitcoin's price was $17,036; the cryptocurrency's price is now more than double that value.