non-US customers
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Law firm Eversheds Sutherland applies for ownership of FTX client assets
It is reported that Eversheds Sutherland, a global law firm, has filed an early summary judgment on assets frozen in the accounts of non US FTX clients, thereby legally distinguishing these funds from those claimed by debtors in the bankruptcy estate. Sarah Paul, partner at Eversheds Sutherland, stated that under the terms of service of the exchange, the temporary group of FTX.com non US customers has a clear and unambiguous ownership of the assets. Erin Broderick, a lawyer for Eversheds Sutherland, pointed out that in other cryptocurrency bankruptcies such as…
