FTX launches next phase of liquidation process, clients must choose Bahamas or US process by 4:00am on August 17

Odaily News The liquidator of FTX Digital Markets Ltd. has recently initiated the next stage of the liquidation process. Customers of FTX.com need to choose whether to participate in the official liquidation proceedings in the Bahamas (the "Bahamian Process") or the Chapter 11 case in the United States (the "U.S. Process"), and must make a choice before 4:00 am on August 17. The liquidator of FTX Digital Markets will hold a Q&A session to help customers understand the selection process. The Q&A session is open to all customers of FTX.com without pre-registration, and the first Q&A session will be held at 19:00 on July 31.