FTX Customers Have Until End-September to Submit Claims

1 year ago

Former customers of crypto speech FTX, trading steadfast Alameda Research and dozens of affiliated companies person until Sept. 29 to taxable claims against the bankruptcy estate and ballot connected the Chapter 11 restructuring plan.

Each assertion against the speech requires the claimant to specify the benignant of plus (cryptocurrency, fiat, oregon NFT) and beryllium denominated successful U.S. dollars, according to an bid from the Bankruptcy Court for the District of Delaware.

Every erstwhile lawsuit volition person an email containing a nexus to the Customer Claims Portal.

The database of debtor companies eligible for the claims can beryllium recovered here. Notably absent are FTX’s European and Japanese entities, which maintained segregated accounts. As CoinDesk has reported, Japan was 1 of the champion places to beryllium an FTX lawsuit fixed its post-Mt. Gox regulatory environment, which requires the usage of third-party custodians.

A recent report from FTX CEO John Ray III said that the speech owes its customers $8.7 billion. It has recovered astir $7 cardinal successful liquid assets.

Edited by Sheldon Reback.

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