According to BlockBeats, on July 30, the liquidator of FTX Digital Markets Ltd. has initiated the next stage of the liquidation process. FTX 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.

FTX Digital Markets’ liquidators will host Q&A sessions to help clients understand the selection process. The first Q&A session will be held on July 31 at 19:00 Beijing Time, and no pre-registration is required.