FTX has sent emails to creditors with claims under $50,000, and there are still about $345 million in claims from creditors who have not completed KYC verification

ChainCatcher news, according to FTX creditor representative Sunil, FTX has sent emails to creditors with claims of less than $50,000, notifying them about the initial allocation of funds. These creditors need to register through allocation service providers (such as Bitgo or Kraken) and authorize the providers to receive and disburse the allocation funds on their behalf. Currently, FTX has transferred the first batch of funds to these allocation service providers.

At the same time, some creditors show that their claim status is disputed on the FTX creditor portal. Creditors with claims of less than $50,000 still have approximately $345 million in claims that have not completed KYC verification.