DIGITAL SURGE SURVIVES FTX FALLOUT:
* There are tens of thousands of cryptocurrencies that can be bought and sold online, with many running hot before last year's crash.
* When global exchange FTX collapsed in 2022, Australian trading platform Digital Surge lost access to assets it had on the exchange worth more than $30 million.
* Brisbane-based Digital froze all customer accounts in November to stop a run on crypto wallets and to stave off its own bankruptcy.
* The company collapsed into voluntary administration in December, and founders mapped out a rescue plan with a major creditor.
* Administrators found $55.4 million in digital assets, but more than half had been deposited with the FTX group.
* Smaller account holders will be paid out under the rescue plan agreed on Tuesday, but the restructured company must turn a profit before creditors and bigger account holders get paid out.
* FTX founder Sam Bankman-Fried blamed the collapse of his exchange on plunging cryptocurrency markets.
* But US prosecuters allege Bankman-Fried stole billions of dollars from FTX customers. He has pleaded not guilty.
* KordaMentha has lodged a claim with US lawyers for all Digital Surge assets on the FTX exchange but warned proceedings could take years to conclude.