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<ul class="news-points"> 
 <li>FTX files a repayment plan that estimates the value of the customers’ crypto assets.&nbsp;</li> 
 <li>The plan values BTC at $16K and places ETH and SOL at $1.2K and $16, respectively.&nbsp;</li> 
 <li>The filing follows a disclosure by FTX to value assets at prices as of when it collapsed.</li> 
</ul> 
In a December 27 <a href="https://t.co/B3gRUAGdHx" target="_blank" rel="nofollow">filing</a>, bankrupt cryptocurrency exchange FTX unveiled a repayment plan that values customers’ digital assets as of when it collapsed last year. The plan would see customers receive a value lower than prevailing market prices for their assets.&nbsp; 
The filing follows a <a href="https://coinedition.com/ftx-debtors-want-customers-paid-value-of-assets-as-of-november-2022/">disclosure</a> by FTX that it intends to pay customers the worth of their assets as of when it went bankrupt. In particular, the company proposed to value the crypto assets at prevailing market prices as of November 11, 2022.&nbsp; 
The proposal, which has since been met with backlash, will see customers receive a value lesser than current market prices. Per the filing, FTX places the value of Bitcoin at $16,871.63 and estimates ETH and SOL at $1,258.84 and $16.2471144, respectively.&nbsp; 
It bears mentioning that crypto market prices have recovered this year, fueled majorly by spot Bitcoin-ETF optimism. As a result, crypto assets a…
The post <a href="https://coinedition.com/ftx-customer-repayment-values-btc-at-16k-eth-at-1-2k-sol-at-16/">FTX Customer Repayment: Values BTC at $16K, ETH at $1.2K, SOL at $16</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

FTX Customer Repayment: Values BTC at $16K, ETH at $1.2K, SOL at $16

Coin Edition

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