Officials
@FTX_Official· 2 months ago(2/2) FTX also reminds customers to please remain aware of phishing emails that may look like they are from FTX and scam sites from channels that may appear to look like the FTX Customer Portal.
@FTX_Official· 2 months ago(1/2) FTX announced it has entered into an agreement with an additional distribution service provider, Payoneer, to assist in distributing recoveries to retail customers in supported jurisdictions. For more information, please visit: https://t.co/ra1Q1uyx8r
@FTX_Official· 2 months ago(3/3) FTX also reminds customers to please remain aware of phishing emails that may look like they are from FTX and scam sites from channels that may appear to look like the FTX Customer Portal.
@FTX_Official· 2 months ago(2/3) Customers should expect to receive funds within 1 to 3 business days from today. Additional details are available in FTX’s press release here: https://t.co/5hmuphRxSq
@FTX_Official· 2 months ago(1/3) FTX today announced that it has commenced the Second Distribution of more than $5 billion to holders of allowed claims in the Plan’s Convenience and Non-Convenience Classes that have completed the pre-distribution requirements.
@FTX_Official· 3 months ago(3/3) FTX also reminds customers to please remain aware of phishing emails that may look like they are from FTX and scam sites from channels that may appear to look like the FTX Customer Portal.
@FTX_Official· 3 months ago(2/3) Eligible creditors should expect to receive funds from their selected distribution service provider within 1 to 3 business days from May 30, 2025. Additional details are available in FTX’s press release here: https://t.co/g8BX2KfbOu
@FTX_Official· 3 months ago(1/3) FTX today announced it is set to distribute more than $5 billion in its Second Distribution to holders of allowed claims in the Plan’s Convenience and Non-Convenience Classes that have completed the pre-distribution requirements on May 30, 2025.
@FTX_Official· 3 months ago(3/3) FTX is in the process of contacting numerous other token and coin issuers regarding FTX assets and will be filing additional suits against non-responsive parties. FTX urges these parties to respond timely to avoid litigation. Read more: https://t.co/62bMpUeokv
@FTX_Official· 3 months ago(2/3) FTX filed two complaints against token issuers NFT Stars Ltd. and KUROSEMI INC. (d/b/a Delysium) for failing to provide FTX with contractually-entitled tokens. The litigation follows numerous unanswered attempts to engage with and seek a resolution without litigation.
@FTX_Official· 3 months ago(1/3) FTX today announced that to recover estate assets, FTX has commenced legal action against certain token and coin issuers which own FTX assets and have been unwilling to engage.
@FTX_Official· 4 months agoPlease remain aware of phishing emails that look like they are from the FTX Recovery Trust or from parties falsely purporting to represent the FTX Recovery Trust. All official e-mail addresses are listed here: https://t.co/KKNuWxYwCZ
@FTX_Official· 6 months ago(3/3) Finally, the next record date for Convenience Claims that have become allowed since the initial record date and have not received their distribution is set for April 11, 2025. The Next Distribution is expected to commence on May 30, 2025. Read more: https://t.co/TtYRwXSpCS
@FTX_Official· 6 months ago(2/3) FTX also announced the anticipated record date for the next distribution will be April 11, 2025 for holders of allowed claims of FTX’s Class 5 Customer Entitlement Claims and Class 6 General Unsecured Claims as defined in the Plan.
@FTX_Official· 6 months ago(1/3) FTX today announced that it has commenced the initial distributions of recoveries to holders of allowed claims in FTX's Convenience Classes in FTX’s Chapter 11 Plan of Reorganization. Customers should expect to receive funds within 1 to 3 business days.
@FTX_Official· 6 months ago(3/3) Separate record and payment dates for other classes of claims will be announced in due course. Read more here: https://t.co/GcXgrxQkUA
@FTX_Official· 6 months ago(2/3) The Initial Distribution is limited to holders of allowed claims in the Plan’s Convenience Classes that completed pre-distribution requirements. Eligible creditors should expect to receive their distributions within 1 to 3 business days from February 18, 2025.
@FTX_Official· 6 months ago(1/3) FTX today announced that it will commence initial distributions to holders of allowed claims in its Chapter 11 Plan of Reorganization Convenience Classes on February 18, 2025.
@FTX_Official· 6 months ago(2/2) Distributions will only be made to holders of allowed claims that have completed the required pre-distribution requirements. For more information, please visit: https://t.co/WKWnW2vF8H
@FTX_Official· 6 months ago(1/2) The FTX Recovery Trust anticipates commencement of distributions to creditors in the Plan's convenience class (claims under $50,000) on February 18, 2025.
@FTX_Official· 6 months agoThe FTX Debtors today announced that it has reached a settlement with K5 Global to maximize recoveries for FTX stakeholders. Read more here: https://t.co/IA27kB2BZn
@FTX_Official· 7 months agoPlease remain aware of phishing emails that look like they are from the FTX Recovery Trust and scam sites that may appear to look like the FTX Customer Portal (https://t.co/DkYi2hEj1g). Reminder: We will never ask you to connect your wallets.
@FTX_Official· 7 months agoThe FTX Debtors have added support for more eligible jurisdictions for distributions. For more information, please see our FAQs here: https://t.co/KwjiR7j0UD
@FTX_Official· 7 months agoThe FTX Debtors today provided clarification on certain statements by Backpack relating to Backpack’s purported acquisition of FTX EU. Read more here: https://t.co/WVwfNXBKRj
@FTX_Official· 7 months agoThe FTX Debtors also remind customers to please remain aware of phishing emails that may look like they are from FTX Debtors and scam sites from channels that may appear to look like the FTX Debtors' Customer Portal.
@FTX_Official· 7 months agoTo be eligible to receive a distribution, customers and other creditors must complete the pre-distribution conditions, including selecting a distribution agent on the FTX Debtors' Customer Portal page: https://t.co/DkYi2hEj1g. For more information, visit: https://t.co/OnAL0Fu158
@FTX_Official· 7 months agoThe FTX Debtors Plan of Reorganization is effective today, January 3, 2025. Today is also the initial distribution record date for holders of allowed claims in the Plan's Convenience Classes. Separate record and payment dates for other classes of claims will be announced later.
@FTX_Official· 8 months agoThe FTX Debtors today announced that the effective date for its Plan of Reorganization has been set for January 3, 2025, which is also the initial distribution record date for holders of allowed claims in the Plan’s Convenience Classes. Read more here: https://t.co/7Hggm5cTlS
@FTX_Official· 9 months agoThe FTX Debtors today provided an update on the upcoming timeline for creditor and customer distributions. Read more here: https://t.co/Goi98Fh3Ns
@FTX_Official· 9 months agoREMINDER: Creditors with access to the FTX Customer Claims Portal (https://t.co/DkYi2hDLbI) should complete their pre-distribution KYC requirements in the portal.
@FTX_Official· 10 months agoThe FTX Debtors today announced that the United States Bankruptcy Court for the District of Delaware has confirmed FTX’s Plan of Reorganization. Read about it here: https://t.co/kETV0rgs0v
@FTX_Official· 10 months ago(3/3) Additional information regarding the DOJ forfeiture process and related assets can be found in the disclosure statement filed on June 27, 2024.
@FTX_Official· 10 months ago(2/3) FTX and the preferred shareholders have competing claims to the forfeiture proceeds. While the DOJ will decide how to reconcile these competing claims, the settlement, if acceptable to the DOJ, would resolve them in a way that FTX believes is fair to both sides and avoids a protracted dispute. In this novel settlement, FTX is asking the DOJ to agree to a centralized distribution process through the FTX Ch. 11 plan, accelerating distributions to creditors and avoiding substantial, redundant expenses.
@FTX_Official· 10 months ago(1/3) The FTX Debtors are providing an update on the proposed settlement with the preferred shareholders. FTX will be returning 100% of the assets under FTX’s control to creditors in the Ch. 11 plan. The DOJ is in control of the distribution of assets forfeited through the criminal cases and has made clear that under criminal law the preferred shareholders are victims alongside creditors.
@FTX_Official· 11 months agoCreditors with access to the FTX Customer Claims Portal (https://t.co/DkYi2hDLbI) are now able to complete their pre-distribution tax requirements in the portal
@FTX_Official· 12 months agoThe FTX Debtors today announced overwhelming support from Creditors for their Plan of Reorganization. Read about it here: https://t.co/tmEIi5z8AD
@FTX_Official· about 1 year agoPlease remain aware of phishing emails that look like they are from FTX Debtors and scam sites from channels that may appear to look like the FTX Debtors' online claims portal (https://t.co/DkYi2hDLbI). Reminder: FTX Debtors will never ask you to connect your wallets.
@FTX_Official· over 1 year agoThe FTX Debtors today filed their anticipated amended Plan of Reorganization and accompanying Disclosure Statement with the U.S. Bankruptcy Court. Read about it here https://t.co/EGmlVdWOaS below: https://t.co/bwwvRolX21
@FTX_Official· over 1 year ago(3/4) Any offers to sell or solicitation of offers to buy would only be made by Galaxy Asset Management to interested parties who are institutional buyers or otherwise in compliance with applicable law.
@FTX_Official· over 1 year ago(4/4) Furthermore, if locked digital assets are sold by the FTX Debtors, the terms and conditions governing the schedule for unlocking these holdings would not change.
@FTX_Official· over 1 year ago(2/4) Several non-authorized third parties are attempting to solicit bids from buyers on behalf of the FTX Debtors.
@FTX_Official· over 1 year ago(1/4) The FTX Debtors’ sale of Digital Assets pursuant to Bankruptcy Court Order no. 2505 is exclusively being handled by the FTX Debtors’ court-authorized Investment Manager, Galaxy Asset Management (GDAM@galaxy.com).
@FTX_Official· over 1 year agoThe FTX Debtors entered a Global Settlement Agreement with the Joint Official Liquidators on behalf of FTX Digital Markets Ltd. Read more here: https://t.co/cf5pbFvcEV
@FTX_Official· almost 2 years ago(4/4) …without any reduction of claim or payment, subject to the limitations noted in the Debtor’s press release. FTX creditors should rely only on official communications from the FTX Debtors re: Chapter 11 matters including creditor recoveries.
@FTX_Official· almost 2 years ago(3/4) Further, to clarify the terms of the preference settlement offers, customers whose withdrawals exceed deposits during the 9-day preference period by less than $250k will be able to accept the settlement…
@FTX_Official· almost 2 years ago(2/4) Further updates will be provided in the Debtor’s Disclosure Statement to be filed at a later date.
@FTX_Official· almost 2 years ago(1/4) The Debtors’ 10/17 press release stated that customers will receive over 90% of distributable value, but the eventual amount of that distributable value is presently unknown at this time.
@FTX_Official· almost 2 years ago(4/4) All creditor representatives involved agreed to support a related amended Plan of Reorganization to be filed by 12/16/23: https://t.co/qAp9kxXNEP
@FTX_Official· almost 2 years ago(3/4) If approved by the Bankruptcy Court, the settlement will create a special “Shortfall Claim” to benefit customers, as previously proposed by the FTX Debtors in July, and facilitate an offer to eligible customers to settle customer preference exposure at an agreed amount.
@FTX_Official· almost 2 years ago(2/4) After extensive discussions with the Ad Hoc Committee of Non-US Customers, the Unsecured Creditors Committee and class action plaintiffs, the FTX Debtors have reached a proposed settlement of the customer property disputes.
@FTX_Official· almost 2 years ago(1/4) The FTX Debtors have announced another major milestone in their chapter 11 cases.
@FTX_Official· almost 2 years agoPlease remain aware of phishing emails that look like they are from FTX Debtors and scam sites from channels that may appear to look like the FTX Debtors' online claims portal (https://t.co/DkYi2hDLbI). Reminder: FTX Debtors will never ask you to connect your wallets.
@FTX_Official· almost 2 years agoThe FTX Debtors posted additional information for customers with questions on the reporting of derivative positions within the FTX Customer Portal. For the additional information, visit https://t.co/pKhHighLqX
@FTX_Official· almost 2 years agoYou should begin the KYC process. It is not mandatory for you to have a verified KYC status in order to submit a claim. The KYC review and verification process will continue after the Bar Date. Questions? Please visit https://t.co/MwdenXtLjF.
@FTX_Official· almost 2 years agoThe deadline to file a proof of claim is 09/29/2023 4PM ET (“Bar Date”). Please begin the claims process through the FTX Customer Claims Portal (https://t.co/DkYi2hDLbI) if you have not done so already.
@FTX_Official· almost 2 years agoFTX provided the following update regarding the recent Kroll cybersecurity incident. Claimants may now resume activities on our platform: https://t.co/DkYi2hDLbI. https://t.co/Nfob4QQxjv
@FTX_Official· almost 2 years agoFTX has been actively bridging tokens from various blockchains back to their native blockchains. FTX also has been in the process of migrating SOL and other tokens from existing wallets to BitGo, FTX’s qualified custodian.
@FTX_Official· almost 2 years agoIn response to Kroll’s cybersecurity incident, FTX has taken the precautionary measure of temporarily freezing affected user accounts within the customer claims portal. We thank you for your patience, and will provide additional information regarding next steps in due course.
@FTX_Official· over 2 years agoPress Release https://t.co/rgxq3QSBqm
@FTX_Official· over 3 years agohttps://t.co/PmLfjDYpOp
@FTX_Official· over 3 years agothere's no AM or PM in the metaverse, only GM
KOLs
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