FTX creditors have until January 20, 2025, to complete the claims process, including KYC verification and tax submissions. Failure to meet these requirements could result in delayed or lost claims. Many creditors, particularly those involved in the Bahamas process, are struggling to meet the deadlines due to administrative issues. Those who miss the January 20 deadline will still receive payments later, but they risk losing their right to any distributions if they fail to fulfill pre-distribution requirements within six months. The lack of clarity on jurisdictional distinctions between the US and Bahamas processes has added to the confusion.



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