#FTXrepayment hi

FTX began repaying its creditors after receiving court approval for its bankruptcy plan. The first round of repayments began on February 18, 2025, targeting creditors with claims under $50,000, known as the "Convenience Class."2 This initial phase involves the distribution of $1.2 billion, with the total repayment plan estimated at between $14.5 billion and $16.5 billion.3

The next round of repayments is scheduled for May 30, 2025, and will include creditors with claims greater than $50,000.$ETH