FTX Customers to Miss Rise in Crypto Under Bankruptcy Plan (1)

Some former customers of the bankrupt crypto firm FTX Trading Ltd. are pushing a US judge to change how they will be repaid, arguing that proposed rules unfairly leave them out of a yearlong rise in the price of Bitcoin and other digital currencies.

More than 80 individual customers have filed letters attacking a plan to peg the value of their digital assets to the date FTX filed bankruptcy — Nov. 11, 2022 — and pay claims in US dollars instead of returning the crypto coins.

The customers had some form of crypto trapped on the FTX platform when company ...