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FTX is expected to launch a creditor claims website on 7/3 and release a restructuring plan in July.

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FTX is expected to launch a creditor claims website on 7/3 and release a restructuring plan in July.

According to the latest documents from the bankruptcy trustee company Kroll, FTX debtors recently filed a motion for a customer claims bar date, with the aim of determining the deadline for customers to submit proof of claims and seeking court approval for this process. The motion is scheduled for a hearing on 6/28, and if successful, the creditor claims website will be launched on 7/3.

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According to the @AFTXcreditor account dedicated to updating the FTX bankruptcy reorganization process and creditors' rights, users will be able to log in to the claims system using their FTX account password. The process includes logging in with account credentials, verifying email, completing KYC, checking wallets, locating proof of claim, and waiting for the next steps. Users can view their transaction history and asset balances, which are presented in the form of cryptocurrencies and crypto assets, without conversion to USD.

The tweet also mentions that the sales process is currently ongoing, and bidders can take over the trading business. More details will be announced after the restructuring plan is released in July.