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FTX Gets Official Creditors’ Committee in Its Bankruptcy Case

Dec 15 (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.

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.

(By Dietrich Knauth)

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