❌ FTX has canceled more than $2.5 billion in customer claims due to KYC violations
Nearly 400,000 users failed to verify before the March 3 deadline - their claims were completely rejected.
▶️Общая the sum of rejected claims could exceed $3.3 billion.
▶️FTX is preparing to start paying major creditors from May 30 - $11.4 billion will be repaid at November 2022 exchange rates.
🙊 According to FTX's lawyers, they have received “27 quintillion filings” in the process - of course this is sarcasm, but it clearly conveys the level of absurdity and the number of fake claims.
Nearly 400,000 users failed to verify before the March 3 deadline - their claims were completely rejected.
▶️Общая the sum of rejected claims could exceed $3.3 billion.
▶️FTX is preparing to start paying major creditors from May 30 - $11.4 billion will be repaid at November 2022 exchange rates.
🙊 According to FTX's lawyers, they have received “27 quintillion filings” in the process - of course this is sarcasm, but it clearly conveys the level of absurdity and the number of fake claims.