1 year ago
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The Brisbane-based firm lost $33m in the collapse of the global platform FTX but now aims to pay back customers over five years
A Brisbane-based cryptocurrency exchange will continue to operate after creditors agreed to a long-term plan from administrators keep the business going in an attempt to recover from the global collapse of FTX.
Digital Surge went into administration in December last year as a result of the company having transferred $33m worth of its assets to global platform FTX just two weeks before that company’s spectacular collapse in November.
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