FTX: FTX Disqualifies $2.5 Billion in Customer Claims Over Missed KYC Deadline

Bankrupt crypto exchange FTX has officially disqualified nearly 392,000 customer claims, totaling an estimated $2.5 billion, after claimants failed to complete mandatory Know Your Customer (KYC) verification before the March 3, 2025 deadline.392,000 users lose eligibility as repayment process moves forward. Thousands of Claims Wiped Out Over Compliance Failure The invalidated claims include approximately $655 [...]