#FTXRefunds 🚨 PAYMENT ROUND – WHAT DOES IT MEAN FOR CREDITORS? 🚨#

The FTX Recovery Trust has just activated its second phase of reimbursements, releasing a staggering $5,000 million for creditors affected by the collapse of the exchange. This move marks a key advance in the recovery process, but who are the beneficiaries and what can they expect?

🔍 Key Details of the Distribution

- International Clients (Dotcom): Will receive 72% of their claims.

- U.S. Clients: Will obtain 54%, reflecting regulatory differences.

- Convenience Claims: Surprisingly, they will be compensated with 120%, an outlier in bankruptcies.

- General Creditors and Digital Loans: 61% for both groups.

⏳ How and When Will the Funds Arrive?

Payments will be distributed in 1-2 business days through Kraken and BitGo, official partners of the trust. If you qualify, check your linked accounts and wallets.

💡 Why Are Some Receiving More Than 100%?

The 120% for convenience claims could be due to:

- Calculations based on historical asset prices (e.g. BTC at 2022 value).

- Agreements to avoid prolonged litigation.

- Liquidity recovered from investments and asset sales.

📉 Critical Context: Lessons for the Industry

This process highlights the importance of:

✅ Transparency in fund management.

✅ Protection mechanisms for users.

✅ Clear legal structures in decentralized exchanges.

If you are a creditor, this is a step towards financial justice. If not, it serves as a reminder:

NotYourKeysNotYourCrypto.

What do you think? Is this rescue enough or is there much more to resolve? 👇

#FTX #Cryptocurrencies #Blockchain #Binance #Reimbursements #SeguridadFinanciera