The U.S. Secret Service kept millions on the exchange, company lawyers told a bankruptcy court – but other creditors have been strangely reluctant to ask for their funds back
Bittrex, which filed for bankruptcy in May, could be left in profit as customers aren’t claiming their moneyMost crypto bankruptcy cases are a tale of frustration and loss: Agonized ex-customers of FTX or Celsius sign up and wait in the hope they might, one day, get back some fraction of their holdings.
Since May, and with the deadline for filing a claim now expired, just under 36,000 customers have withdrawn around $143 million worth of crypto, the company’s lawyer Patty Tomasco told a Delaware courtroom Wednesday. One of the major holders who did seek their greenbacks back was a perhaps surprising branch of the U.S. government – but even so there’ll be money to spare, the court was told.
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