Rob Wile is a breaking business news reporter for NBC News Digital.
Some customers of the failed cryptocurrency exchange FTX could receive the full value of the money they lost if a court approves the company's bankruptcy plan. However, they will not see the gains on their holdings of bitcoin and other digital assets that have occurred over the past two years, despite massive increases in the value of those financial instruments since the FTX exchange collapsed in November 2022.
That plan is possible mostly because FTX and its sister company, Alameda Research, held a number of other assets that the reorganization team has sold off. These included shares in Anthropic, the Amazon-backed artificial intelligence startup now valued at nearly $20 billion. FTX said it had sold shares in the company worth $900 million this year. But some claimants have objected to their crypto assets being valued at November 2022 prices. Since then, bitcoin has climbed more than 250%.
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