#FTXrepayment

FTX has begun repaying its creditors after receiving court approval for its bankruptcy plan. The first round of repayments started on February 18, 2025, targeting creditors with claims under $50,000, known as the "Convenience Class"2. This initial phase involves distributing $1.2 billion, with the total repayment plan estimated to reach between $14.5 billion and $16.5 billion3.