Crypto

Customers of FTX have until the end of September to submit bankruptcy claims.

A claim against the bankruptcy estate and a vote on the Chapter 11 restructuring plan must be made by former users of the cryptocurrency exchange FTX, the trading firm Alameda Research, and several connected businesses by September 29.

An order of the Bankruptcy Court for the District of Delaware requires that each claim against the exchange be made in U.S. dollars and describe the type of asset being used (cryptocurrency, fiat, or NFT).

The Customer Claims Portal link will be included in an email sent to every former customer.

You can access the list of debtor businesses that qualify for the claims here. The European and Japanese subsidiaries of FTX, which kept segregated accounts, are noticeably absent. Given its post-Mt. Gox regulatory framework, which necessitates the use of third-party custodians, CoinDesk claimed that Japan was one of the best countries to be an FTX customer.

According to FTX CEO John Ray III’s most recent report, the exchange owes its clients $8.7 billion. About $7 billion worth of liquid assets were seized.

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