FTX claims portal turns into unavailable shortly after going reside

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Bankrupt cryptocurrency alternate FTX launched a buyer claims portal which stayed reside for roughly an hour earlier than going offline for unknown causes.

Many social media customers reported the FTX claims portal went reside on July 11, providing clients of the failed crypto alternate who had accounts with FTX, FTX.US, Blockfolio, FTX EU, FTX Japan, and Liquid the chance to entry their account info and submit claims for consideration within the agency’s restructuring proceedings. In response to FTX’s Kroll web page, customers had till Sept. 29 to submit claims.

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Earlier than it went offline, the claims portal mentioned customers would be capable of entry their account balances as of Nov. 11, 2022 — the day FTX filed for chapter in the US. Customers nonetheless have the choice of submitting a proof of declare by means of Kroll’s on-line buyer type and by way of U.S. mail. On the time of publication, the claims portal had been offline for roughly an hour.

The debtors in FTX’s chapter case introduced in June that the agency deliberate to launch a web-based portal for buyer claims. Chapter proceedings are ongoing within the District of Delaware, whereas former FTX CEO Sam Bankman-Fried’s first legal trial for allegations of fraud is predicted to start in October.

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