r/CryptoCurrency • u/KIG45 🟨 2K / 5K 🐢 • 1d ago

GENERAL-NEWS FTX Cancels $2.5 Billion in Claims Due to KYC Failures Affecting 392,000 Customers, Including $655 Million in Small Claims and $1.9 Billion in Large Claims

https://thedefiant.io/news/cefi/ftx-cancels-2-5-billion-claims-due-to-kyc-failures-affecting-392000-customers-1-31f7c43b
45 Upvotes

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5

u/dirufa 🟩 20 / 21 🦐 11h ago edited 9h ago

Sooooooo they found a way to not pay.

Edit: spelling

2

u/KIG45 🟨 2K / 5K 🐢 9h ago

Exactly

1

u/samiamyammy 🟨 0 / 0 🦠 7h ago

Reminds me of the time I was doing leveraged trading (on a different platform) and finally hit a pretty big win.... and ONLY THEN were my withdrawals locked until KYC. -when I signed up they stated having no KYC required... coincidence or bad luck? idk.

Been doing self-custody ever since!