FTX Digital: The deadline for customers to submit claims is expected to be extended to late July or early August

On May 17, according to an official email, the deadline for FTX customers to submit claims will be extended to coincide with the voting deadline for creditors to approve the bankruptcy protection reorganization plan in the US proceedings. Although the new deadline has not yet been determined, FTX Digital's joint official liquidators expect the deadline to be in late July or early August.
FTX clients have the option to participate in either the Bahamas procedure or the US procedure, but not both. Clients will receive disclosure documents in June setting out the impact of participating in either procedure and will make their final choice within 6-8 weeks from the date of issuance of the disclosure documents. Although there may be some differences between the Bahamas procedure and the US procedure, it is expected that clients will receive the same allotment share at the same point in time.