According to ChainCatcher, the liquidator of FTX Digital Markets Ltd. has initiated the next stage of the liquidation process. FTX.com customers need to choose whether to participate in the official liquidation procedure in the Bahamas (the "Bahamas process") or the Chapter 11 case in the United States (the "U.S. process"), and must make a choice before 4:00 a.m. on August 17.

The liquidator of FTX Digital Markets will hold a Q&A session to help customers understand the selection process. The first Q&A session will be held at 19:00 Beijing time on July 31, and no pre-registration is required.