TechFlow reports that the liquidators of FTX Digital Markets Ltd. have initiated the next phase of the liquidation process. Customers of FTX.com must choose whether to participate in the official liquidation proceedings in The Bahamas ("Bahamas Process") or the Chapter 11 case in the United States ("U.S. Process"), and must make their selection by 4:00 a.m. on August 17.
The liquidators of FTX Digital Markets will host Q&A sessions to help customers understand the election process. The first session will be held at 7:00 p.m. Beijing time on July 31, with no prior registration required.
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