$ft$SOL **Repayment Mechanics**

- **118–119% recovery**: Creditors receive cash payments at **November 2022 crypto valuations** (e.g., BTC ≈ $17k), plus a 18–19% bonus due to asset appreciation during bankruptcy .

- **Small creditors prioritized**: 98% of claims under **$50,000 have already been paid** as of early 2025 .

- **Larger claims**: Receiving up to **142%** in installments throughout 2025, processed via wire transfers .

### 📅 **Timeline**

- **January 3, 2025**: Official start date for the reorganization plan .

- **Q1 2025**: Initial payments to small creditors completed .

- **Q1–Q4 2025**: Staggered payments for claims >$50,000, with final distributions by year-end .

### 💰 **Funding Sources**

- **Asset liquidation**: $16.5 billion recovered from sales of:

- **Anthropic shares**: Sold for $1.3 billion total (initially $884M to Abu Dhabi’s Mubadala, Jane Street, Fidelity) .

- **Cryptocurrency holdings**: Solana (SOL), Bitcoin, and other digital assets liquidated .

- **Property/equity**: Luxury real estate and stakes in tech companies .

- **Legal victories**: Sam Bankman-Fried’s $11B penalty aids recoveries .