FTT Up By 21% Despite FTX Claims Portal Troubles

FTT Up By 21% Despite FTX Claims Portal Troubles
FTT, the native token of the controversial FTX ecosystem, has been pumping lately. This recent price upswing was triggered by the launch of a customer claims portal, an online platform for customers to access their account information and submit electronic proof of claims in FTX’s restructuring proceedings.  Although the portal became unavailable barely an hour after launch, the price of FTT has managed to stay afloat, with a 21% increase in the last day. FTX Claims Portal Goes Offline For Unknown Reasons Last month, the debtors in FTX’s insolvency case announced that an online claims portal was in the final stages of launch. The portal reportedly went live on Tuesday, July 11, enabling customers of the bankrupt crypto exchange to access their account information. Related Reading: Shiba Inu Ecosystem Token BONE Surges 88%, Too Late To Buy? The platform – before going offline – said users can access their account balance as of November 11, 2022 – the day FTX filed for bankruptcy in the United States. Then, if required, customers would also be able to submit an electronic proof of claim with ..

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