When the crypto exchange FTX declared bankruptcy in November 2022, investors with money in their FTX accounts found themselves unable to withdraw it. Those investors now have a chance to get some of their funds back, but they’ll need to file a bankruptcy claim in the next few weeks.
At its peak, FTX had more than a million users and was the third-biggest cryptocurrency exchange in the world. Its declaration of bankruptcy shook the crypto community, which was further shocked when co-founder Sam Bankman-Fried was arrested for fraud and campaign finance violations.
In a June 29 ruling by the US Bankruptcy Court of Delaware, the court established a deadline of Sept. 29, 2023 for investors who lost money in FTX’s bankruptcy to file a claim fo…
Read the full article at: https://www.cnet.com/personal-finance/crypto/if-you-lost-money-when-crypto-exchange-ftx-went-bankrupt-you-have-a-few-weeks-left-to-make-a-claim/