FTX's first repayment will begin on February 18, 2025
2025-02-04 15:34:15
Ftx creditor person representative sunil disclosure determination ftx repaymentdesk3cryptocurrencydesktopCrypto News
FTX creditors disclosed on behalf of Sunil on X that it has determined that FTX repayments will begin at 10:00 a.m. ET on February 18, 2025, and will be paid to creditors with claims of less than $50,000. The repayment distribution amount will include 100% of the awarded claim value (capped at $50,000), as well as an additional amount of compensation from the awarded claim value from the reference date of November 11, 2022 to 9.0% annual interest after the initial distribution date.
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