FtxThe bankrupt cryptocurrency exchange is under surveillance as reports users More than $ 2.2 billion in contested complaintsraising serious concerns about equity and transparency of the current repayment process.
$ 2.2 billion in FTX complaints are still disputed
Despite his second repayment cycle May 30where $ 5 billion in digital assets The problems persist. In the first phase,, $ 1.8 billion has been reimbursed. However, according to the Committee of credit creditors and customers and customers and customersan estimated $ 2.2 billion in complaints always remain unresolved.
June 11, member of the Committee Sunil Shared update on X (formerly Twitter), noting:
“Authorized complaints: $ 7.5 billion. Total estimated for authorized complaints: $ 10.6 billion of authorized complaints are disputed – legitimate claims will be authorized. ”
He added that FTX currently holds $ 6.5 billion in reserves for upcoming distributions.
Cross -border reimbursements develop with Payoneer
In a key update, FTX added Payoneer As a reimbursement partner, alongside Bitgo And KrakenTo distribute funds to creditors. Payoneer supports cross -border payments in More than 190 countriesImproving the scope of retail customers in eligible regions.
However, countries like China, Russia, Nigeria and Egypt stay excluded from reimbursementDelaying future disbursement times until a compliant payment provider is found for these regions.
KYC Verification issues FTX credit problems
An increasing number of users raise concerns KYC (Knowing your client) process of FTX)What many say have become unnecessarily strict and difficult to complete.
A user, Sal WalsPosted:
“I was asked for multiple evidence of the income of my source. I have the impression of being in judgment. ”
Others have echoed similar concerns, citing delays and a lack of support for support.
What is the next step for FTX creditors?
Current problems –Contested complaints, KYC strangulation neckAnd Cross -border distribution limitations—Highlight Critical Gaps in FTX’s global reimbursement strategyWhile certain investors remain optimistic about a Potential liquidity boost If the reimbursements are smooth, many continue to question the platform Transparency and governance in the treatment of creditors’ complaints.
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Faq
These complaints are challenged due to problems such as inaccurate sales in the portal, non-compliance with KYC deadlines or in progress reconciliation of the FTX recovery team, in particular for complex or non-recognized funds.
KYC strict and difficult verification processes can prevent creditors from receiving reimbursements. The FTX requires in-depth documentation, and delays or non-compliance can cause complaints deemed ineligible or deleted.
The addition of Payoneer considerably extends the scope of FTX for retail customers, allowing reimbursements in more than 190 countries. This should rationalize cross -border distributions, although some countries like China and Russia are excluded for the moment.
