FTX Digital: The deadline for customers to submit claims is expected to be extended to the end of July or early August

ChainCatcher news, according to the latest email from FTX Digital, the deadline for FTX customers to submit claims will be extended to align with the voting deadline for creditor approval of the bankruptcy protection reorganization plan in the U.S. Although the new deadline has not yet been determined, FTX Digital's joint official liquidators expect the deadline to be at the end of July or early August.

It is reported that FTX customers can choose to participate in either the Bahamian process or the U.S. process, but cannot participate in both processes simultaneously. Customers will receive disclosure documents in June, which will outline the implications of participating in either process, and they will make a final choice within 6-8 weeks from the date the disclosure documents are issued. Although there may be some differences between the Bahamian process and the U.S. process, it is expected that customers will receive the same allocation shares at the same time.