US Government Has This Plan For FTX Victims

Here’s What US Government Plans For FTX Victims

January 07, 2023 Story: Divya Sinha

As per the report, the US government plans to launch a website for FTX victims to communicate with law enforcement.

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Manhattan federal prosecutors in a court filing has asked permission from Judge Lewis Kaplan to use the website to notify victims rather than contacting them individually.

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It added that FTX could owe money to more than 1 million people, making it "impracticable" to contact each.

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Federal law requires prosecutors to contact potential crime victims to inform them of their rights.

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However, Judge Kaplan has yet to rule on the request, but the website had gone live by Friday afternoon.

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FTX victims can reach out to the victim/witness coordinator at the United States Attorney's office at USANYS-FTXVictims@usdoj.gov.

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On November 11, FTX and its affiliates filed for bankruptcy after SBF resigned from his CEO position.

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