FTX: Creditors in the initial allocation will receive compensation assets within 1-3 business days

ChainCatcher news, according to official news, FTX will begin initial distributions to allowed claim holders in its Chapter 11 restructuring convenience class on February 18, 2025. The initial distribution is limited to claim holders in the convenience class allowed by the plan prior to the completion of the distribution. Eligible creditors should receive their distribution within 1 to 3 business days starting from February 18, 2025.