FTX creditors representative: 82% of the restricted claim funds from FTX come from Chinese users, and if confirmed to be restricted, the claim funds may be confiscated.

2025-07-04 02:36:26

On July 4th, FTX creditor representative Sunil posted on social media that in the claims from countries where FTX is restricted, 82% of the claim funds belong to Chinese users. However, cryptocurrency trading is not allowed in China, and there are no authorized distributors. According to documents provided by Sunil, FTX will seek legal advice and will distribute to potential restricted foreign jurisdictions if possible. If it is determined that residents belong to restricted foreign jurisdictions and claims are disputed, the distribution may be confiscated.

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