The first repayment of FTX will begin on February 18, 2025
ChainCatcher news, FTX creditor representative Sunil disclosed on X that FTX repayments will begin on February 18, 2025, at 10 AM Eastern Time, prioritizing creditors with claims under $50,000.
The repayment allocation will include 100% of the adjudicated claim value (up to $50,000), as well as an additional compensation amount of 9.0% annual interest on the adjudicated claim value from November 11, 2022, to the initial distribution date.
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