The local administrators picking through the carnage left behind by the collapse of global bitcoin exchange FTX have identified almost 30,000 Australian investors who are looking to recoup losses, and believe they will be able to salvage fiat currency from the rubble.

KordaMentha administrators expect to claw back some Australian dollars from the complex web of FTX accounts, working with their US-counterparts who are untangling the books of 132 companies related to Sam Bankman-Fried’s collapsed empire.