CoinFactiva
FTX Client Denied Compensation Due to Insufficient Bank Funds
A client of bankrupt exchange FTX was denied compensation because his bank account held less money than his balance on the exchange at its collapse. He provided bank account details for verification.
Request for Proof of Funds
He must prove the origin of funds equivalent to his balance on the failed exchange. This can be done through a transfer from another bank account or a verified account on another crypto exchange.
Widespread Issue
Comments on his post on X suggest this is not an isolated case. One commenter spent four mont
A client of bankrupt exchange FTX was denied compensation because his bank account held less money than his balance on the exchange at its collapse. He provided bank account details for verification.
Request for Proof of Funds
He must prove the origin of funds equivalent to his balance on the failed exchange. This can be done through a transfer from another bank account or a verified account on another crypto exchange.
Widespread Issue
Comments on his post on X suggest this is not an isolated case. One commenter spent four mont
REQ-3.72%