FTX has initiated its creditor repayment plan following its collapse in 2022. $16 billion will be distributed, with payments beginning in March 2025. Creditors with claims under $50,000 could receive up to 119% of their claim amount. The deadline to complete requirements expires on January 20, 2025. Kraken and BitGo will facilitate payments through the FTX Client Portal. Values are based on November 2022 prices, generating criticism. Phishing attempts have been reported, so it is recommended to use official channels. More information at. follow me for more relevant information.
