FTX claims in the Bahamas require additional regulatory approval, as the Bahamas falls under the EU legal system.
BlockBeats news, on July 19, FTX creditor representative Sunil posted on the X platform stating, "We have obtained more relevant information regarding the FTX claims process in the Bahamas. Unfortunately, the additional questions required in the FTX Bahamas claims process are necessary, compared to the U.S. process. The reason seems to be that the Bahamas falls under the British/EU legal system, hence the need for additional regulatory approvals."