Verified FTX Accounts: What They Are, How They Worked, and What Users Need to Know
Verified FTX accounts were accounts that had completed FTX’s identity checks, or KYC, so the platform could confirm who the customer was and what level of access they were allowed to use. Because FTX is now in bankruptcy and its customer-claims process has replaced normal exchange activity, the phrase “verified FTX accounts” today usually refers to accounts that were successfully KYC-checked for claims and recovery purposes rather than active trading.
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