FTX liquidator PwC: FTX International customers are expected to receive 119 to 143 cents per dollar in claims

According to the official email, FTX liquidator PwC released an update on the liquidation process, which mentioned that customers of FTX or FTX International (Dotcom customers) have the right to file claims in the Bahamas procedure or the US procedure. At this stage, if the bankruptcy protection plan is approved, Dotcom customers are expected to claim 119 to 143 cents per dollar. For customers who have submitted proof of debt claims in the Bahamas procedure, FTX will write in the future to confirm whether the customer wants to continue to manage, process, adjudicate and resolve claims in the Bahamas; for customers who have not yet submitted proof of debt claims in the Bahamas process, they can submit claims before the deadline, which is expected to be mid-August 2024. After the court approves the bankruptcy protection debtor's reorganization plan, FTX will confirm the date and next steps in writing, and the hearing date scheduled by the US Bankruptcy Court is June 25, 2024.