FTX gets official creditors' committee in its bankruptcy case

FILE PHOTO: FILE PHOTO: FILE PHOTO: FILE PHOTO: Representations of cryptocurrencies are seen in front of displayed FTX logo and decreasing stock graph in this illustration taken November 10, 2022. REUTERS/Dado Ruvic/Illustration/File Photo/File Photo/File Photo/File Photo

(Reuters) - The U.S. Department of Justice's bankruptcy watchdog on Thursday appointed a committee to represent FTX accountholders and other junior creditors in the collapsed crypto exchange's bankruptcy case.

The committee - which includes a mix of individual account holders, investment funds, and an affiliate of U.S. crypto firm Genesis - will represent the interests of all unsecured creditors, who are among the last to be paid in a typical bankruptcy.