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 nine-member committee includes three individual creditors, Genesis affiliate GGC International Ltd, crypto trader Wintermute Asia PTE, Coincident Capital International, Pulsar Global Ltd, Octopus Information Ltd and Wincent Investment Fund. Crypto firms that went bankrupt earlier this year, including Voyager Digital and Celsius Network, have classified most of their customers, particularly those with interest-bearing accounts, as unsecured creditors.
U.S. Bankruptcy Judge John Dorsey, who is overseeing FTX's Chapter 11 case, said during a Wednesday court hearing that he expects the creditors' committee to weigh in on issues related to customer privacy at a hearing scheduled in early January.
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