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 <p class="is-style-lead">Bankrupt crypto exchange FTX reinstated the functionality of its customer claims portal with enhanced security measures following a recent cyberattack on non-sensitive data. </p> 
 <p class="is-style-default">Customers can now resume submitting claims for assets held before the exchange declared insolvency in November 2022.</p> 
 <p>FTX suffered a cyberattack that led to a temporary shutdown. The <a rel="dofollow" title="breach" href="https://thebittimes.com/tag/breach.html">breach</a> exposed non-sensitive data of claimants but did not impact account passwords or funds. The exchange confirmed on Sept. 16 that none of its important systems were affected by the <a rel="dofollow" title="breach" href="https://thebittimes.com/tag/breach.html">breach</a>.</p> 
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    <p lang="en" dir="ltr">FTX provided the following update regarding the recent Kroll cybersecurity incident. Claimants may now resume activities on our platform: https://t.co/DkYi2hDLbI. pic.twitter.com/Nfob4QQxjv</p>— FTX (@FTX_Official) September 16, 2023
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 <p>The reactivated <a rel="dofollow" title="portal" href="https://thebittimes.com/tag/portal.html">portal</a> allows creditors to continue submitting <a rel="dofollow" title="claims" href="https://thebittimes.com/tag/claims.html">claims</a> for digital assets held on the exchange prior to its insolvency in November 2022. Account holders from various FTX-related platforms including Blockfolio, FTX EU, and FTX Japan can now proceed with the <a rel="dofollow" title="claims" href="https://thebittimes.com/tag/claims.html">claims</a> process.</p> 
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 <p>According to the reports, FTX and FTX US are currently facing lawsuits involving <a rel="dofollow" title="claims" href="https://thebittimes.com/tag/claims.html">claims</a> worth $16 billion, with 10% already agreed upon. Additionally, there are 2,300 non-<a rel="dofollow" title="customer" href="https://thebittimes.com/tag/customer.html">customer</a> <a rel="dofollow" title="claims" href="https://thebittimes.com/tag/claims.html">claims</a> worth $65 billion.</p> 
 <h2 class="wp-block-heading" id="ftx-addresses-customer-concerns">FTX addresses customer concerns</h2> 
 <p>FTX, founded by disgraced entrepreneur Sam Bankman-Fried, had previously suspended accounts as a precautionary measure following the cyberattack. Despite this, users could still submit proof-of-claim through Kroll’s online customer form or by mail. After implementing additional security measures, FTX has now restored access to the claims portal.</p> 
 <p>As covered by crypto.news, the U.S. Bankruptcy Court for the District of Delaware has approved the sale of FTX’s digital assets. Judge John Dorsey issued a ruling allowing FTX to sell off assets in weekly batches, with the initial week having a limit of $50 million, followed by $100 million in subsequent weeks.&nbsp;</p> 
 <p>However, FTX is currently prohibited from selling bitcoin, ether, and “certain insider-affiliated tokens.” The potential sale of these assets requires a separate decision by FTX, following a 10-day notice to committees and the U.S. trustee.</p> 
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  <svg class="cn-block-related-link__icon icon" aria-hidden="true"> <use xlink:href="#"></use> 
  </svg> <span class="cn-block-related-link__prefix"> Read more: </span> FTX unveils $100m weekly crypto liquidation strategy 
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<p>Source: <a rel="dofollow" target="_blank" href="https://thebittimes.com/ftx-restores-customer-claims-portal-after-cyber-breach-tbt63024.html">https://thebittimes.com/ftx-restores-customer-claims-portal-after-cyber-breach-tbt63024.html</a></p>

FTX restores customer claims portal after cyber breach

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