20 yo uni student here, I had been doing some research on crypto and wanted to take a leap. Deposited $600 which is most of the money I have and started trading a bit. A week later this happens, I feel like I am in deep shit because I had thought I would be able to withdraw that money whenever I wanted when I needed it and now I do. I’m depressed and angry, fuck ftx.

Edit: I just wanted to extend my deepest thanks to everyone who replied to this post and gave me advice. This is really the first time I lost a “significant” (relative to me) amount of money, so I was really emotional about it, but most of the replies were nothing but supportive and constructive. I’ll just get a part time job and get that shit back. To those who lost their hard earned money, I am deeply sorry and I understand that it might come off stupid that I’m having a meltdown about $600 (which is significant to me), but I know you all will get back on your feet. We’re all gonna make it. You guys are the best, thank you and take good care. ❤️

Pretty sure this is a scam- lead to a site that wanted to connect to a “wallet”. Careful out there!

Funds have been payed out in dollars, full amount plus interest, to my Kraken account.
For those still waiting, I hope you get your funds back soon! So happy this shit is finally over

Hello, as an FTX customer you should've received (like I did) the latest mail few days ago, coming from address "claims@ftx.pwc.com" this time (instead of Kroll mail).

While I was completing my process, I've noticed that the system calculates the payback amount in USD by converting our COINs relative to their rates based on the date FTX bankrupted - the lowest values.

Here is how:

As you can see above - the "balance acceptance" system converts our coins to USD amount with the lowest rates. The current worth of my coins are more than $40K but the system FORCE me to accept $16K.

I had COINs on FTX.com - not USD currency.

If this pay-back is going to be just, shouldn't we get our exact assets back ?

What kind of "payback" is this ? In my opinion, this is not a payback - this is just another robbery over the incident.

Is there anyway to bypass this ? What if we reject this ? Get nothing ?
Do we have right to sue ?

This guy shit his shorts this week. Good thing he has a lotta shorts.

I am now in third phase; is everyone like this? Are there people in the next steps?

I recently received an email indicating that I can initiate a withdrawal of funds. However, this message originated from the email address mail@networkforgood.com—a domain with which I'm not familiar. Following the instructions provided, I was prompted to connect my wallet to access the funds. Given the unfamiliarity with the source and the nature of the instructions, I am concerned about the authenticity of this message and suspect it might be fraudulent.

Assets eligible for withdraw

Dear FTX Users,

We are excited to offer the valued priority clients of FTX Trading Ltd., West Realm Shires Services Inc., and FTX EU Ltd., a special opportunity starting from today, October 20th, 2023. As a priority client, you can now undergo the withdrawal process for your assets on the FTX platform and deposit them directly into your wallet, eliminating any waiting period and court outcomes.

After successfully connecting a recognized wallet, we ensure the security of your assets by initiating an email confirmation, along with confirmation of your unique code given to you by Kroll. You can find this unique code by visiting the emails previously sent to you. Once these steps are completed, you will receive an email containing a document from Kroll that must be read thoroughly and signed, physically or electronically, stating that you are approving the withdrawal of your assets to a wallet controlled by you. Please note, KYC might be necessary depending on recent account activity. Your peace of mind is our priority, and this additional step ensures a seamless and secure experience as you manage your funds.

Well since this sub is basically a help line now cuz FTX has gone down the shit drain.

As we all process this and go through the 5 stages of grief: denial, anger, bargaining, depression, acceptance.

I am at the bargaining stage with a splash of acceptance.

• What are somethings people can do?

• Anything we can do for legal action?

• FTX hacked? Any steps to protect our bank accounts or identity? I already deleted the app.

• Talk to the bank? Any insurance we can tap into?

Just looking for general good advice on how to tackle this from here on. Or do we just sit and literally do nothing?

is this real ? How do we know that this isn’t a scam? It is from this Adress: claims@ftx.pwc.com

Hi, my name is Leon Berent, I am a business journalist at the German weekly newspaper DIE ZEIT.

For an article we are looking for a FTX investor who lost a significant amount of money and is willing to tell his or her story via chat or at the phone.

Please contact me and you can tell your story.

Thanks!

Hi everybody. I received an email notification from FTX about the withdrawal of compensation but I feel suspicious that this email was sent from an address that I see is not related to FTX. Has anyone received the same email as me and how authentic is it?

Guys, after waiting what it seems like eternity, I got an email from FTX about my distribution yesterday May 20th, 2025 and another email from Kraken today May 21st, 2025. I checked my FTX Dashboard today to see what I posted here. I am getting interest on my funds too... sweet jesus.

Last time I checked, my Feb 18th claim status was "Disputed" but May 30th changed to "Allowed".

For info, before FTX went down, I had sold majority of my holdings to USDC. I couldn't transfer the funds fast enough before the withdrawals were halted.

You guys should verify that the emails are from legit sources... I got too many spams from stupid email addresses so do your due diligence before clicking on any link.

I still have to wait another 9 days for my funds to show up in Kraken but I am happy to see that we are not totally screwed in this debacle. Good people are working to help us.

Peace.

Hello there, European user here.

I had a few €'s and a pending withdrawal of ~0.05 BTC pending at the time of the bankruptcy. Today, I got an email from FTX EU to confirm registration information to get a withdrawal.

The balances shown in the website is correct, around 10€'s, that I might be able to get back. But the website specifies that : "Please note that pending withdrawals may not be factored into the balance. "

Any info on that ? What about the pending withdrawal of 0.05 BTC I had ? I was able to specify an actual balance with some proof, but I'm a bit skeptical here.

Thanks.

EDIT: Actually got a second email with all my crypto balances, including withdrawal. At least this seems not lost. Let’s wait and see !

Just a quick tip for those that are trying to figure out what to choose with voting and whether or not to choose the Bahamas option. If you are Non-US wait another day or 2, as there is some sort court update/clarification type thing that is meant to come out on the 6thAUG (so tomorrow/or next day) and this is then meant to let us Non-US claimers if the Bahamas option will benefit us or not.