#FTXrepayment #FTXrepayment — is a hashtag used on social media to discuss the process of returning funds to creditors of the bankrupt cryptocurrency exchange FTX. Following the announcement of the start of payments in February 2025, users are actively sharing information and updates related to this process.

According to the reorganization plan approved in October 2024, FTX will begin payments to creditors on January 3, 2025. The first to receive funds will be creditors with claims up to $50,000, who will be paid approximately 119% of their claimed amount within 60 days from the date the plan takes effect. To receive payments, creditors must undergo a know-your-customer (KYC) verification procedure and provide tax forms through the official FTX portal.

The total amount of fund distribution ranges from $14.7 to $16.5 billion, with payments being made in both fiat currency and cryptocurrency. FTX is working with companies such as Kraken and BitGo to manage the fund distribution process.