FTX 客户在破产期间寻求“山姆币”股权

持有“Sam Coins”（Serum、MAPS、OXY）的 FTX 客户声称，它们被破产的加密货币公司的专家低估，应该价值数亿美元，敦促法官推翻“几乎一文不值”的结论。

FTX Customers Demand Equitable Treatment for 'Sam Coins'

FTX 客户要求“山姆币”得到公平对待

In the ongoing bankruptcy proceedings of collapsed crypto giant FTX, a group of customers is lodging significant claims against the estate, seeking a higher valuation for three digital tokens known as "Sam Coins."

在已倒闭的加密货币巨头 FTX 正在进行的破产程序中，一群客户正在对该遗产提出重大索赔，寻求对三种名为“Sam Coins”的数字代币进行更高的估值。

These customers contend that the tokens, namely Serum (SRM), MAPS, and OXY, deserve a valuation in the hundreds of millions of dollars, despite the company's experts concluding that they are "nearly worthless."

这些客户认为，这些代币，即 Serum (SRM)、MAPS 和 OXY，值得数亿美元的估值，尽管该公司的专家认为它们“几乎一文不值”。

The genesis of the dispute lies in the involvement of FTX's co-founder, Sam Bankman-Fried, who created Serum and gained control of the other two tokens. According to court documents, Bankman-Fried orchestrated deals involving these tokens, raising questions about their true value.

这场纠纷的根源在于 FTX 联合创始人 Sam Bankman-Fried 的参与，他创建了 Serum 并获得了其他两种代币的控制权。根据法庭文件，Bankman-Fried 精心策划了涉及这些代币的交易，引发了人们对其真实价值的质疑。

At the time of FTX's bankruptcy filing in November 2022, the company held a vast majority of the "Sam Coins," far exceeding the amount that could be sold in the open market. FTX's advisers have proposed a nominal valuation of mere cents per token, arguing that any value beyond this is speculative.

在 2022 年 11 月 FTX 申请破产时，该公司持有绝大多数“山姆币”，远远超过了可以在公开市场出售的数量。 FTX 的顾问提出每个代币的名义估值仅为几美分，并认为任何超出此值的价值都是投机性的。

However, the token holders have vehemently opposed this assessment, presenting their own valuation methods in court. They argue that the tokens' association with Bankman-Fried should not diminish their intrinsic value.

然而，代币持有者强烈反对这一评估，并在法庭上提出了自己的评估方法。他们认为代币与 Bankman-Fried 的关联不应削弱其内在价值。

The legal showdown between the token holders and FTX is set for its final arguments on Tuesday, with US Bankruptcy Judge John Dorsey presiding over the proceedings in federal court in Wilmington, Delaware.

代币持有者和 FTX 之间的法律对决定于周二进行最终辩论，美国破产法官 John Dorsey 将在特拉华州威尔明顿联邦法院主持诉讼程序。

FTX's lawyers maintain that other former customers with investments in traditional assets such as US dollars and Bitcoin will likely receive full reimbursement. The focus of the "Sam Coins" dispute, therefore, is on the treatment of customers who invested in these tokens.

FTX 的律师坚称，投资美元和比特币等传统资产的其他前客户可能会获得全额赔偿。因此，“山姆币”争议的焦点在于投资这些代币的客户的待遇。

Bankruptcy officials have alleged that the "Sam Coins" played a central role in Bankman-Fried's fraudulent scheme, which involved improperly transferring customer assets to a hedge fund under his control. These funds were subsequently used for high-risk investments, political donations, and lavish real estate purchases, ultimately leading to FTX's collapse.

破产官员声称，“山姆币”在班克曼·弗里德的欺诈计划中发挥了核心作用，该计划涉及将客户资产不当转移到他控制下的对冲基金。这些资金随后被用于高风险投资、政治捐款和奢侈的房地产购买，最终导致 FTX 崩溃。

The tokens' value has fluctuated in recent months. SRM has declined by over 5% in the past 24 hours, while MAPS has gained 9.4% during the same period. OXY has experienced a notable surge of 15% within the given timeframe.

近几个月来，代币的价值一直在波动。 SRM 在过去 24 小时内下跌了 5% 以上，而 MAPS 同期上涨了 9.4%。 OXY 在给定时间内经历了 15% 的显着飙升。

The outcome of the FTX bankruptcy proceedings will have significant implications for the crypto industry and its participants. The court's decision on the valuation of the "Sam Coins" will set a precedent for the treatment of token holders in similar situations.

FTX 破产程序的结果将对加密货币行业及其参与者产生重大影响。法院对“山姆币”估值的判决将为类似情况下代币持有者的待遇开创先例。

As the legal proceedings unfold, it remains to be seen whether the token holders will succeed in their pursuit of a higher valuation or if their claims will ultimately be dismissed.

随着法律诉讼的展开，代币持有者是否会成功追求更高的估值，或者他们的索赔最终是否会被驳回，还有待观察。