FTX Creditors Urged To Secure Claim Data

FTX creditors may soon lose their access and data to the claims portal, as reported by Sunil Kavuri, a well-known voice advocating for FTX creditor community. Sunil reported this on his twitter account and in an other tweet he urges users to save their crucial claim data and back up the information before the potential access restrictions takes effect.

Sunil Kavuri Urges Users To Create Backups

Sunil has also tweeted all the information that needs to be backed up. In the tweet, he has urged the users to log in into the FTX claim portal and record a video of their holdings, here one has to make sure that name of the holder and the customer ID is visible at the top right corner of the page. Take a screenshot as well that covers all these details. Creditors are urged to make sure that these details and files are saved in a secure location.

After a few minutes of him posting on X, one of the user asked Kavuri, if this was essential because the claim information was already sent to the creditors through emails in PDF form. Kavuri then confirmed this but emphasized that a proof of claim is essential. Ensuring users have additional records of their claim details can prevent future complications if the access to the portal is revoked.

Why This Matters for FTX Creditors?

This information is important for the affected users and these resources would help the creditors verify and track their claims. If a user loses the access without any information backup, it may create difficulties in proving one’s creditor status. Even though the official documents have been sent via email, having direct access to one’s portal information ensures greater security and verification ease.

As the bankruptcy proceedings continue, creditors are advised to take all the necessary steps and remain proactive and should immediately act to secure their data before any potential changes impact their access to the portal.

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