FTX hearing minutes: Allow creditors in restricted jurisdictions to move to unrestricted jurisdictions to make claims
According to online reports, FTX Historian, an account that tracks FTX's bankruptcy and compensation, issued an article in X summarizing the minutes of FTX's hearing last night. The core content of the hearing was that for creditors in "restricted jurisdictions" such as China, their funds would not be confiscated immediately as proposed in the original FTX recovery plan, but would allow creditors to move to unrestricted jurisdictions. FTX Historian added that for affected creditors, such as those who completed KYC in China but now live in other jurisdictions such as Singapore, this may be a path to claim, although it may require further information updates and more time costs.
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