"FTX faces backlash after proposed estimation of customers’ Bitcoin at $16k, ETH at $1258, and SOL at $16. FTX debtors argue that its estimate reflects the "fair and reasonable" prices of these cryptocurrencies".

https://cryptoslate.com/ftx-faces-backlash-after-proposed-estimation-of-customers-bitcoin-at-16k/

"As such, the defunct crypto platform proposed estimating Bitcoin’s value at $16,871, Ethereum’s price at $1,258, and Solana’s SOL at $16. The firm also estimated Avalanche’s AVAX at $14.19, stablecoins USDT, TUSD, and BUSD a few cents less than their usual $1 peg.

The value of many of these digital assets, bar the stablecoins, has rapidly increased amid the significant market rise of the past year. For context, BTC is trading above $40,000 presently, while ETH’s value has also exceeded $2,200. SOL is also trading at more than $100 as of press time.

However, FTX argued that its valuations represent a “fair and reasonable” value of these digital assets as of the petition date—Nov. 11, 2022".