📢Good news! FTX liquidator PwC recently released an update on the liquidation process, clarifying the rights of FTX or FTX International customers (Dotcom customers) to file claims in the Bahamas proceedings or the US proceedings. 💼

If the bankruptcy protection plan is approved, Dotcom customers are expected to claim 119 to 143 cents per dollar, which is a lot of money! 💰

For customers who have already submitted proof of debt claims in the Bahamas proceedings, FTX will write in the future to confirm whether the customer wishes to continue to manage, process, adjudicate and resolve claims in the Bahamas. 📬

For customers who have not yet submitted proof of debt claims, don't worry, you have until mid-August 2024 to submit your claims. ⏰

Once the court approves the bankruptcy protection debtor's reorganization plan, FTX will confirm the date and next steps in writing. The hearing date scheduled by the US Bankruptcy Court is June 25, 2024. 📆

Let's look forward to more good news together! 🎉