by: xpoolPosted on:

FTX Rejects Claims From Over 392,000 Users After KYC Deadline Missed

Over 392,000 former FTX users have had their claims for recovery rejected after missing a crucial deadline to verify their identities. According to court filings, these individuals failed to meet the necessary requirements for identity verification by March 3rd. The rejection of over $2.5 billion in claims has further complicated the process of restoring funds to those impacted by the collapse of the crypto exchange.

Related posts:

  1. FTX Founder Sam Bankman-Fried Back on Social Media After Jail Sentence
  2. FTX Begins Major Repayments: Bitcoin Claims at 20% Value
  3. FTX Customer Claims Disqualified: Nearly $2.5 Billion Wiped Out
  4. FTX Dismantles Over $2.5 Billion in Claims Due to KYC Noncompliance