FTX claim voting will end at 4:00 a.m. on the 17th, and those who do not vote will lose the opportunity to receive compensation

FTX claim voting will end at 4:00 p.m. Eastern Time on August 16 (4:00 a.m. Singapore Time on August 17, UTC+8). Those who fail to submit after the deadline will not be able to receive compensation due to incomplete procedures. This incident is expected to affect more than 1 million users and have a far-reaching impact on the industry.

Please note that the voting for the US procedure has ended, and current users can only choose to participate in the Bahamas procedure or transfer claims from the US procedure to the Bahamas procedure.

Regardless of whether the claim registration form is submitted, users who do not participate in the vote will not receive compensation.

The compensation is expected to begin in 60 days, when $16 billion of frozen funds will be released in succession, which may have an impact on the market.