FTX Bankruptcy Hearing Is Down to One Last Fight
Miss a form, lose your money. That is the lesson of the FTX bankruptcy, and it drives the only dispute set for August 19.
A court agenda filed Monday leaves one customer motion before Chief Judge Karen B. Owens. Claimant Daizhuo Chen wants a second chance at a verification deadline he missed.
What Is Left on the FTX Bankruptcy Docket
Chen filed his motion on March 27. He asks Owens to undo her refusal to let him finish his checks late.
He cites Federal Rules of Civil Procedure 59(e) and 60(b)(2). Those rules let a judge reopen a decision when fresh evidence appears. Owens has not said any exists here.
The timeline is tight and well documented. FTX told customers to begin verification by March 1, 2025, and to finish by June 1, 2025. Both deadlines closed at 4 p.m. ET.
The FTX Recovery Trust, the entity now winding down the estate, objected again on July 16. It has fought similar requests before.
Chen is not alone. D1 Ventures has chased $251,000 in USDC and USDT since December 2022. The Trust says that account never cleared verification either.
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