FTX debtors unveil $16,871 proposal for Bitcoin claims in bankruptcy

Debtors for the bankrupt cryptocurrency exchange FTX have published approximate US dollar values of the cryptocurrency and foreign currency holdings of their clients.

The figures were included in a filing to the United States Bankruptcy Court in Delaware on 27 December.

When FTX filed for bankruptcy in November 2022, it proposed offering a “fair and reasonable value” for claims from users based on digital asset values at the time.

The proposal detailed prices for around 500 asset types in fiat and cryptocurrency, with prices excluding an expected FTX Token (FTT).

Bitcoin claimants may get $16,871 per coin, Ether was valued at $1,258, and Binance Coin at $286.