FTX creditors must adhere to additional requirements when filing claims in The Bahamas, as announced by Sunil Kavuri on July 19th. This complexity arises largely from jurisdictional conflicts and regulatory differences with the U.S.
FTX liquidators, in collaboration with regulatory bodies, face notable challenges, specifically concerning KYC documentation. As of late June 2025, approximately 290 million USD in claims remain unpaid, causing frustration among creditors.
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