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FTX claims from 163 jurisdictions ‘not eligible’ for distributions

Summary by Cointelegraph

FTX creditor and advocate Sunil Kavuri shared the list of countries, which includes Russia, China, Egypt, Nigeria and Ukraine.

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Crypto Breaking News

FTX Denies Distributions to Customers from 163 Jurisdictions - Find Out If You're Eligible

FTX to Refund Users in Excluded Regions with Token Distributions Cryptocurrency exchange FTX has announced that it will be providing refunds to users in jurisdictions where they are currently unable to operate. The refunds will be distributed in the form of tokens, allowing affected users to still benefit from the platform’s offerings. This decision comes as FTX continues to navigate regulatory challenges in certain regions, leading to restricti…

13 hours ago

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Crucial FTX Update: Reviewing Options for Ineligible Creditor Claims - A Ray of Hope?

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Crypto News | Bitcoin News | BTC-Pulse

FTX Blocks Claims from 163 Jurisdictions Amid Repayment Process

TX Blocks Claims from 163 Jurisdictions Amid Repayment Process Defunct cryptocurrency exchange FTX faces a new hurdle as it starts repaying creditors affected by its bankruptcy. Claims from 163 jurisdictions, including Russia, China, Egypt, Nigeria, and Ukraine, have been deemed ineligible for distributions. First Round of Repayments Begins On Feb. 18, FTX initiated its first round of repayments. Creditors who lost up to $50,000—categorized as t…

24 hours ago

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