He said:
“FTX Distribution to Bitgo has been credited to accounts. Can be viewed but not traded until 30th May.”
BitGo has yet to respond to CryptoSlate’s request for comment as of press time.
Still, not all creditors are satisfied with the process. Many have criticized the bankruptcy plan for pegging repayment amounts to crypto prices from late 2022, just after the exchange’s collapse, rather than current valuations.
Considering this, Kavuri emphasized the need for caution. He advised users never to click on any link received via email, even if the source appears trustworthy.
Instead, he urged FTX creditors to manually type the official website addresses in a separate browser window to access their accounts.
