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AAVE $129.69 -1.27%
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XLM $0.1902 +0.30%
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FTX creditors representative: Claims distribution is expected to continue in October and December next year, as well as in 2027

2025-07-01 10:27:54

ChainCatcher news, FTX creditor representative Sunil posted an update on the compensation situation on the X platform, stating:

  1. On February 18, 2025, users with amounts less than $50,000 will receive a compensation rate of 120%;

  2. 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%;

  3. The expected future compensation distribution dates are: October and December 2026, as well as 2027;

  4. 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%.)

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