Nearly 400,000 creditors of the collapsed crypto exchange FTX risk losing out on a combined $2.5 billion in repayments for failing to begin the mandatory Know Your Customer verification process. Originally due by March 3, the KYC deadline has now been extended to June 1, 2025, offering users a final chance to submit their information. Claims under $50,000 account for $655 million at risk, while larger claims could total $1.9 billion. The next repayment round, set for May 30, is expected to return over $11 billion to verified creditors. Source: Cointelegraph