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FTX Bahamas Claim Requires Additional Regulatory Approval, as The Bahamas falls under the European Union legal system
By: theblockbeats.news|2025/07/19 09:42:06
BlockBeats News, July 19th, FTX creditor representative Sunil posted on X platform, stating, "Regarding the FTX Bahamas claim process, we have obtained more relevant information.
In the FTX Bahamas claim process, the required additional steps are unfortunately necessary, compared to the U.S. process. The reason seems to be that the Bahamas belongs to the UK/EU legal system, thus requiring additional regulatory approval."
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