FTX creditors representative: Claims distribution is expected to continue in October and December next year, as well as in 2027
ChainCatcher news, FTX creditor representative Sunil posted an update on the compensation situation on the X platform, stating:
On February 18, 2025, users with amounts less than $50,000 will receive a compensation rate of 120%;
On May 30, 2025, users with amounts over $50,000 will receive 72.5% compensation, while users with amounts less than $50,000 will receive a compensation rate of 120%;
The expected future compensation distribution dates are: October and December 2026, as well as 2027;
Users with amounts over $50,000 who have already received 72.5% compensation will subsequently receive 27.5% of the face value compensation, achieving a total of 100% compensation.
(Note: According to the compensation situation, the interest rate for FTX creditors after applying for compensation is approximately 40-80%.)
