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FTX Hearing Minutes: Allowing Creditors in Restricted Jurisdictions to Transfer Claims to Non-Restricted Jurisdictions

 the account FTX Historian, which tracks the bankruptcy and compensation situation of FTX, summarized the minutes of last night's FTX hearing. The core content of the hearing is: For "restricted jurisdictions" (such as China), the funds of creditors will not be immediately confiscated as proposed in FTX's original recovery plan, but creditors will be allowed to transfer to non-restricted jurisdictions. FTX Historian also added that for affected creditors, such as users who have completed KYC in China but now reside in other jurisdictions like Singapore, this may be a path to claim, although it may require further information updates and more time costs.

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