PANews reported on June 20 that according to an email shared by Henri Arslanian, former head of cryptocurrency at PricewaterhouseCoopers (PwC), FTX liquidator PricewaterhouseCoopers released an update on the liquidation process, in which FTX or FTX International customers (Dotcom customers) have the right to file claims in Bahamian proceedings or US proceedings. At this stage, if the bankruptcy protection plan is approved, Dotcom customers are expected to receive claims of 119 to 143 cents per dollar.
For customers who have submitted proof of debt claims in the Bahamas process, FTX will write in the future to confirm whether the customer wishes to continue to manage, process, adjudicate and settle the claim in the Bahamas. Customers who have not yet submitted proof of debt claims in the Bahamas process can submit their claims before the deadline, which is currently expected to be mid-August 2024. In addition, after the court approves the bankruptcy protection debtor's reorganization plan, FTX will confirm the date and next steps in writing, and the hearing date scheduled by the U.S. Bankruptcy Court is June 25, 2024.
