FTX, the crypto exchange that went bankrupt at the end of 2022, is launching a claims portal to reimburse its users and creditors. Find out how customers can file their claims and hope to recover their funds that have been frozen for months. Also follow the evolution of the FTT share price following this announcement.
When FTX went bankrupt at the end of 2022, many users and creditors found themselves in a difficult situation, with billions of dollars of funds tied up on the platform. However, a glimmer of hope is on the horizon as FTX finally launches a claims portal, aimed at reimbursing users and creditors of the crypto exchange.
FTX token has risen significantly!
The claims portal, accessible at https://claims.ftx.com/, offers long-awaited relief for FTX customers. They can now file their claims until September 29, 2023. After months of uncertainty, many customers can finally look forward to seeing their money and funds in bitcoin and other cryptocurrencies again.
To claim the funds that were present on FTX before its dramatic collapse in November 2022, customers must visit the portal and complete the identity verification process. Once they have completed this step, they will be able to access the balance of their funds displayed on the platform.
It is crucial to confirm that the fund balance matches the assets held on FTX in November 2022. Next, users will be directed to the Kroll administration platform, in charge of restructuring FTX. They will be asked to confirm their balances as of the date of the request and, if necessary, submit an electronic proof of claim.
The rest of the procedure will consist of waiting for the funds to be reimbursed, at least in part, for FTX users. It is important to note that the portal may be temporarily unavailable due to the high number of logins and claims that will be submitted by users worldwide.
It is also important to remain vigilant against fake sites and scams that may appear on the Internet and social networks, exploiting this delicate situation.
Following this positive news, the price of FTT, the FTX token, rose significantly, reaching $1.82.
As for the Bitcoin price, it currently stands at around $30,669, with a community of FTX users hoping to recover their frozen funds and continue to follow the crypto-market with optimism.