FTX sues Bahamian liquidators


FTX Trading, led by new chief executive officer John Ray, has asked a US bankruptcy judge in Delaware to rule that FTX Digital Markets had no ownership interest in FTX.com’s cryptocurrency, intellectual property or customer relationships. — Bloomberg

NEW YORK: Bankrupt crypto exchange FTX is suing the liquidators overseeing the wind-down of its Bahamian affiliate, FTX Digital Markets, accusing them of wrongly claiming ownership of the exchange’s assets.

FTX Trading, led by new chief executive officer John Ray on Sunday asked a US bankruptcy judge in Delaware to rule that FTX Digital Markets had no ownership interest in FTX.com’s cryptocurrency, intellectual property or customer relationships.

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FTX , Bahamas , lawsuit , liquidators , assets , ownership

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