FTX disqualified approximately 392,000 customer claims, valued at around $2.5 billion, because those users failed to complete the required Know Your Customer (KYC) verification process by the specified deadline. This action was part of the bankruptcy proceedings following the exchange’s collapse, with the U.S. Bankruptcy Court confirming the cancellation of these claims on April 2, [...]The post Tekedia Mid-Week Crypto and Blockchain Digest appeared first on Tekedia.
Related Articles
Don't miss out on breaking stories and in-depth articles.