How to Sell Your Claim
To sell your claim, you must provide certain information and documents (Claim Support Information) necessary to verify your ownership of the claim, the amount of your claim and related transactions.
Each case requires different Claim Support Information.
See featured cases below.
For other cases, please contact our team.
Required Items
To sell your FTX customer claim, you must verify your ownership of the claim, your FTX account holdings and your FTX account transaction history.
From Inbox
- Kroll email from March 2023
Subject: FTX - Your Scheduled Claim Information and Unique Customer Code - Customer claim form PDF
From: noreply.efiling@ra.kroll.com - Confirmation of your E-Ballot submission
Subject: FTX - Ballot Confirmation Number
From FTX CLAIMS PORTAL
- Screenshot of account holdings
Image must display customer email address - Screenshot of KYC status
Visit KYC item #3. Image must display customer email address. - Account history
(3) .csv files for Balances, Deposits and Withdrawals
KYC
- Government photo ID
Other
- Live video screenshare to verify authenticity of #1-7 above
ADDITIONAL DILIGENCE AS NECESSARY
Please note that this list is not exhaustive and any buyer may request additional materials to satisfy their internal KYC and claim validation requirements
CLAIM SUPPORT INFORMATION
- The email you received from FTX/Kroll in March 2023 including your Unique Customer Code and account holdings.
- Your customer claim form (in .pdf format) from the FTX Claims Portal (sent to your email).
- Screenshot of your account holdings in the FTX Claims Portal (showing your username).
- Screenshot of KYC status in the FTX Claims Portal (showing your username) (please click into KYC section #3 to show your verification status, and whether all components are completed).
- Downloads of Balances, Deposits, and Withdrawals (in .csv format) from the FTX Claims Portal.
- Copy of any proof of claim filed (if applicable).
- Details about any specific preferred transaction parameters or requirements in connection with selling your claim.
Note: Depending on Xclaim's review of items 1-7, Xclaim may request additional Claim Support Information including but not limited to:
• Copies of other documents evidencing the nature of your claim, such as terms of use or loan documents.
• Third-party data, internal records or other correspondence available to support your claim amount and account transaction history.
• Information related to potential claim impairments.
• Documents showing source of funds for original FTX account opening.
• Documents to verify KYC.
Get Organized
Gather as much information as possible about your claim up front and include it in your claim listing so buyers can get comfortable that you have a valid claim.
Get Creative
If you don't have your basic account statement or a report of your transactions, consider other documents and communications that could support your claim, such as email confirmations and third-party records.
Additional Resources
VIDEO » Calculating Your Claim Value
Bankruptcy can be confusing. Watch restructuring expert Andrew Glantz discuss risk factors that impact claim recovery, available liquidity options for creditors and considerations for assessing your claim's value.
