In August, Kroll, the bankruptcy support agency for FTX, was unexpectedly attacked, leading to the leakage of information related to participants in the bankruptcy case. Following this incident, FTX swiftly shut down the compensation request portal and froze the accounts of users affected by the breach, despite the exchange asserting that Kroll did not manage account passwords and that FTX’s internal systems remained secure.
Compensation request link : https://claims.ftx.com/welcome
However, on September 17th, FTX announced that the compensation request portal had resumed normal operation. FTX customers have until September 29th to submit their compensation claims. While it’s unclear how much creditors will be compensated, the recent approval of FTX’s cryptocurrency asset liquidation plan by the bankruptcy judge brings hope to investors but also raises concerns in the market. Many worry that the release of the approximately $3.4 billion worth of cryptocurrency assets could exert significant pressure on the market if sold off directly.