In the latest development in the FTX bankruptcy case, three separate groups have filed competing claims over the assets seized from former CEO Sam Bankman-Fried. The FTX debtors' estate, a class of creditors, and an offshore entity founded by Bankman-Fried are locked in a fierce battle over the assets, which include crypto tokens, private jets, and funds in bank accounts.

The FTX debtors' estate, led by John Ray III, claims that the assets were never Bankman-Fried's to begin with, as they resulted from his criminal behavior. The estate argues that granting their claim will benefit all creditors and stakeholders in the bankruptcy proceedings.

However, two other claims have been filed over some of the assets in question. Emergent Fidelity Technology Ltd, the entity used to purchase Robinhood shares, asserts that it retains title to those assets. Meanwhile, lawyers representing FTX creditors in a class-action suit claim that the forfeited assets should be returned to customers rather than the debtors' estate.

The battle over the seized assets highlights the complexity of the FTX bankruptcy case and the competing interests of various stakeholders. As the case continues to unfold, it remains to be seen who will ultimately gain control over the disputed assets.